Merit Financial Group LLC Has $27.37 Million Holdings in Vanguard Small-Cap Growth ETF $VBK

Merit Financial Group LLC decreased its position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,973 shares of the company’s stock after selling 4,843 shares during the quarter. Merit Financial Group LLC owned approximately 0.13% of Vanguard Small-Cap Growth ETF worth $27,373,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Proathlete Wealth Management LLC acquired a new position in Vanguard Small-Cap Growth ETF in the 2nd quarter valued at approximately $26,000. Sound Income Strategies LLC increased its holdings in Vanguard Small-Cap Growth ETF by 57.6% in the third quarter. Sound Income Strategies LLC now owns 93 shares of the company’s stock valued at $28,000 after purchasing an additional 34 shares during the period. Financial Gravity Companies Inc. acquired a new stake in Vanguard Small-Cap Growth ETF in the second quarter valued at $29,000. Davis Capital Management bought a new position in Vanguard Small-Cap Growth ETF during the 3rd quarter worth $29,000. Finally, Blume Capital Management Inc. acquired a new position in Vanguard Small-Cap Growth ETF during the 2nd quarter worth about $30,000.

Vanguard Small-Cap Growth ETF Trading Down 0.6%

Shares of VBK stock opened at $305.11 on Wednesday. Vanguard Small-Cap Growth ETF has a 1-year low of $214.77 and a 1-year high of $312.83. The stock has a market cap of $20.82 billion, a price-to-earnings ratio of 27.57 and a beta of 1.17. The stock has a 50-day moving average of $301.67 and a 200-day moving average of $293.42.

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. 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.