Tandem Financial LLC Reduces Stock Position in Vanguard Small-Cap Growth ETF $VBK

Tandem Financial LLC reduced its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 66.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,271 shares of the company’s stock after selling 8,605 shares during the quarter. Vanguard Small-Cap Growth ETF makes up about 1.1% of Tandem Financial LLC’s holdings, making the stock its 22nd biggest holding. Tandem Financial LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada increased its stake in Vanguard Small-Cap Growth ETF by 359.1% during the 1st quarter. Royal Bank of Canada now owns 988,251 shares of the company’s stock valued at $248,811,000 after purchasing an additional 773,005 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Small-Cap Growth ETF by 30.7% in the 1st quarter. EP Wealth Advisors LLC now owns 601,701 shares of the company’s stock worth $151,490,000 after purchasing an additional 141,196 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Vanguard Small-Cap Growth ETF by 137.5% in the second quarter. Stephens Inc. AR now owns 135,834 shares of the company’s stock worth $37,618,000 after purchasing an additional 78,652 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 27.0% during the second quarter. Cetera Investment Advisers now owns 367,032 shares of the company’s stock valued at $101,646,000 after purchasing an additional 78,115 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in Vanguard Small-Cap Growth ETF by 348.9% in the 2nd quarter. Merit Financial Group LLC now owns 96,816 shares of the company’s stock worth $26,812,000 after buying an additional 75,247 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

VBK opened at $306.04 on Tuesday. The company’s 50-day simple moving average is $300.12 and its two-hundred day simple moving average is $289.00. The stock has a market capitalization of $20.89 billion, a P/E ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a 52-week low of $214.77 and a 52-week high of $310.81.

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.