Independent Financial Group LLC Invests $8 Million in Vanguard Small-Cap Growth ETF $VBK

Independent Financial Group LLC acquired a new stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 26,471 shares of the company’s stock, valued at approximately $8,001,000.

A number of other institutional investors have also modified their holdings of the company. D.A. Davidson & CO. lifted its stake in shares of Vanguard Small-Cap Growth ETF by 6.0% during the fourth quarter. D.A. Davidson & CO. now owns 30,456 shares of the company’s stock worth $9,201,000 after purchasing an additional 1,720 shares in the last quarter. Everhart Financial Group Inc. grew its stake in shares of Vanguard Small-Cap Growth ETF by 10.4% in the fourth quarter. Everhart Financial Group Inc. now owns 23,046 shares of the company’s stock valued at $6,962,000 after buying an additional 2,164 shares in the last quarter. BCS Wealth Management raised its holdings in shares of Vanguard Small-Cap Growth ETF by 100.0% during the 4th quarter. BCS Wealth Management now owns 5,954 shares of the company’s stock valued at $1,799,000 after buying an additional 2,977 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 5.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 100,451 shares of the company’s stock valued at $31,911,000 after buying an additional 5,421 shares during the period. Finally, One Day In July LLC lifted its position in Vanguard Small-Cap Growth ETF by 2.8% during the 4th quarter. One Day In July LLC now owns 124,493 shares of the company’s stock worth $37,611,000 after acquiring an additional 3,393 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

Vanguard Small-Cap Growth ETF stock opened at $346.16 on Friday. The firm has a market capitalization of $23.49 billion, a PE ratio of 27.57 and a beta of 1.16. Vanguard Small-Cap Growth ETF has a one year low of $273.57 and a one year high of $366.86. The stock’s 50 day moving average price is $350.92 and its 200 day moving average price is $329.12.

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.