Pinnacle Financial Partners Inc Lowers Stock Holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Pinnacle Financial Partners Inc reduced its position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 0.4% in the first quarter, Holdings Channel.com reports. The firm owned 21,601 shares of the company’s stock after selling 89 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Small-Cap Growth ETF were worth $5,438,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Essential Planning LLC. lifted its position in Vanguard Small-Cap Growth ETF by 6,143.5% in the 4th quarter. Essential Planning LLC. now owns 1,109,409 shares of the company’s stock worth $313,304,000 after buying an additional 1,091,640 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Small-Cap Growth ETF by 3,342.8% during the fourth quarter. Wealthfront Advisers LLC now owns 536,700 shares of the company’s stock worth $150,308,000 after acquiring an additional 521,111 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Small-Cap Growth ETF in the 4th quarter worth approximately $130,665,000. Bank of America Corp DE boosted its stake in shares of Vanguard Small-Cap Growth ETF by 3.2% in the 4th quarter. Bank of America Corp DE now owns 9,574,909 shares of the company’s stock valued at $2,681,549,000 after purchasing an additional 297,840 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vanguard Small-Cap Growth ETF by 41.8% during the 4th quarter. Ameriprise Financial Inc. now owns 461,309 shares of the company’s stock valued at $129,275,000 after purchasing an additional 135,912 shares during the last quarter.

Vanguard Small-Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA:VBK opened at $278.93 on Thursday. The stock has a market cap of $19.20 billion, a PE ratio of 27.57 and a beta of 1.14. The company’s fifty day moving average is $265.25 and its 200 day moving average is $268.60. Vanguard Small-Cap Growth ETF has a 52 week low of $214.77 and a 52 week high of $304.59.

Vanguard Small-Cap Growth ETF Profile

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies.