Cornerstone Management Inc. Buys 2,019 Shares of Vanguard Small-Cap Growth ETF $VBK

Cornerstone Management Inc. raised its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 7.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,401 shares of the company’s stock after acquiring an additional 2,019 shares during the period. Vanguard Small-Cap Growth ETF makes up 1.4% of Cornerstone Management Inc.’s portfolio, making the stock its 12th largest holding. Cornerstone Management Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $7,865,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of VBK. Proathlete Wealth Management LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF in the 2nd quarter worth about $26,000. Blume Capital Management Inc. purchased a new position in Vanguard Small-Cap Growth ETF in the second quarter worth about $30,000. Berkshire Money Management Inc. purchased a new position in Vanguard Small-Cap Growth ETF in the second quarter worth about $44,000. SouthState Corp grew its position in Vanguard Small-Cap Growth ETF by 97.8% in the first quarter. SouthState Corp now owns 182 shares of the company’s stock worth $46,000 after acquiring an additional 90 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Vanguard Small-Cap Growth ETF by 62.8% in the second quarter. GAMMA Investing LLC now owns 241 shares of the company’s stock worth $67,000 after acquiring an additional 93 shares in the last quarter.

Vanguard Small-Cap Growth ETF Trading Up 1.8%

VBK opened at $304.54 on Friday. The firm has a market cap of $20.78 billion, a P/E ratio of 27.57 and a beta of 1.14. Vanguard Small-Cap Growth ETF has a 12 month low of $214.77 and a 12 month high of $308.29. The stock has a 50-day moving average of $297.58 and a 200 day moving average of $277.11.

About Vanguard Small-Cap Growth ETF

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.