Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lowered its holdings in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 13.5% in the fourth quarter, Holdings Channel reports. The firm owned 11,629 shares of the company’s stock after selling 1,817 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $3,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. raised its stake in shares of Vanguard Small-Cap Growth ETF by 68.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Small-Cap Growth ETF in the 3rd quarter valued at $26,000. Modus Advisors LLC purchased a new position in Vanguard Small-Cap Growth ETF during the 4th quarter worth $28,000. First PREMIER Bank purchased a new position in Vanguard Small-Cap Growth ETF during the 4th quarter worth $29,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the 3rd quarter worth $32,000.

Vanguard Small-Cap Growth ETF Stock Up 0.6 %

Shares of Vanguard Small-Cap Growth ETF stock opened at $296.33 on Friday. The firm has a market cap of $19.97 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 52-week low of $233.00 and a 52-week high of $304.59. The company’s 50-day simple moving average is $290.18 and its 200-day simple moving average is $272.12.

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.