Truist Financial Corp Sells 177,871 Shares of Vanguard Small-Cap Growth ETF $VBK

Truist Financial Corp lessened its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 60.0% during the fourth quarter, Holdings Channel reports. The firm owned 118,439 shares of the company’s stock after selling 177,871 shares during the period. Truist Financial Corp’s holdings in Vanguard Small-Cap Growth ETF were worth $35,782,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 0.7% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 30,498 shares of the company’s stock valued at $9,214,000 after purchasing an additional 220 shares in the last quarter. KPP Advisory Services LLC lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 1.2% in the fourth quarter. KPP Advisory Services LLC now owns 9,924 shares of the company’s stock valued at $2,998,000 after purchasing an additional 115 shares in the last quarter. FSA Advisors Inc. bought a new position in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $604,000. Alliance Wealth Strategies LLC d b a Brown Edwards Wealth Strategies bought a new position in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $3,841,000. Finally, Legacy Edge Advisors LLC bought a new position in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $1,165,000.

Vanguard Small-Cap Growth ETF Stock Up 1.1%

VBK stock opened at $341.74 on Wednesday. Vanguard Small-Cap Growth ETF has a twelve month low of $251.35 and a twelve month high of $342.22. The stock’s 50 day moving average is $316.55 and its 200-day moving average is $311.15. The firm has a market capitalization of $22.82 billion, a PE ratio of 27.57 and a beta of 1.17.

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. 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.