Vanguard Small-Cap Growth ETF $VBK Stock Purchased by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. increased its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 1.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 138,330 shares of the company’s stock after buying an additional 2,592 shares during the quarter. Vanguard Small-Cap Growth ETF makes up 3.3% of Summit Financial Strategies Inc.’s portfolio, making the stock its 12th biggest position. Summit Financial Strategies Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $46,732,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VBK. Assetmark Inc. raised its stake in Vanguard Small-Cap Growth ETF by 2.8% during the first quarter. Assetmark Inc. now owns 1,609,318 shares of the company’s stock valued at $486,416,000 after buying an additional 44,440 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Vanguard Small-Cap Growth ETF by 14.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,024,858 shares of the company’s stock worth $309,630,000 after acquiring an additional 130,652 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Vanguard Small-Cap Growth ETF by 26.3% in the second quarter. EP Wealth Advisors LLC now owns 1,020,017 shares of the company’s stock worth $373,020,000 after acquiring an additional 212,203 shares during the last quarter. Sei Investments Co. grew its stake in shares of Vanguard Small-Cap Growth ETF by 1.6% in the first quarter. Sei Investments Co. now owns 984,721 shares of the company’s stock worth $297,629,000 after acquiring an additional 15,564 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 0.5% during the first quarter. PNC Financial Services Group Inc. now owns 697,629 shares of the company’s stock valued at $210,858,000 after acquiring an additional 3,290 shares in the last quarter.

Vanguard Small-Cap Growth ETF Price Performance

Shares of NYSEARCA:VBK opened at $330.73 on Thursday. The business has a fifty day moving average price of $347.83 and a 200-day moving average price of $343.73. The company has a market capitalization of $22.37 billion, a PE ratio of 27.57 and a beta of 1.18. Vanguard Small-Cap Growth ETF has a 1-year low of $280.27 and a 1-year high of $367.04.

Vanguard Small-Cap Growth ETF Company 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. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.