Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. lessened its holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 0.4% in the 4th quarter, Holdings Channel reports. The firm owned 38,634 shares of the company’s stock after selling 164 shares during the quarter. Vanguard Small-Cap Growth ETF accounts for 3.0% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 8th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $10,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. lifted its position in Vanguard Small-Cap Growth ETF by 68.4% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 39 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Small-Cap Growth ETF during the 3rd quarter worth $26,000. Modus Advisors LLC acquired a new position in Vanguard Small-Cap Growth ETF during the 4th quarter worth $28,000. First PREMIER Bank acquired a new position in Vanguard Small-Cap Growth ETF during the 4th quarter worth $29,000. Finally, Eastern Bank acquired a new position in Vanguard Small-Cap Growth ETF during the 3rd quarter worth $32,000.

Vanguard Small-Cap Growth ETF Stock Performance

NYSEARCA:VBK opened at $295.33 on Friday. The firm’s 50-day moving average is $290.71 and its 200-day moving average is $272.61. Vanguard Small-Cap Growth ETF has a 52-week low of $233.00 and a 52-week high of $304.59. The company has a market cap of $19.90 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31.

Vanguard Small-Cap Growth ETF 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.