Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Reaches New 12-Month High – Still a Buy?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) shares hit a new 52-week high on Monday . The company traded as high as $321.68 and last traded at $321.2340, with a volume of 67112 shares. The stock had previously closed at $320.16.

Vanguard Small-Cap Growth ETF Stock Up 0.5%

The stock has a market capitalization of $22.01 billion, a PE ratio of 27.57 and a beta of 1.17. The company’s fifty day moving average price is $302.86 and its 200-day moving average price is $295.71.

Institutional Investors Weigh In On Vanguard Small-Cap Growth ETF

Institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC boosted its stake in Vanguard Small-Cap Growth ETF by 57.6% in the 3rd quarter. Sound Income Strategies LLC now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 34 shares in the last quarter. Founders Grove Wealth Partners LLC lifted its stake in shares of Vanguard Small-Cap Growth ETF by 0.7% in the fourth quarter. Founders Grove Wealth Partners LLC now owns 4,713 shares of the company’s stock worth $1,424,000 after buying an additional 35 shares in the last quarter. Willis Johnson & Associates Inc. lifted its stake in shares of Vanguard Small-Cap Growth ETF by 1.8% in the second quarter. Willis Johnson & Associates Inc. now owns 2,008 shares of the company’s stock worth $556,000 after buying an additional 36 shares in the last quarter. Apexium Financial LP grew its holdings in shares of Vanguard Small-Cap Growth ETF by 4.3% during the third quarter. Apexium Financial LP now owns 866 shares of the company’s stock valued at $258,000 after buying an additional 36 shares during the last quarter. Finally, Diversified Trust Co increased its position in shares of Vanguard Small-Cap Growth ETF by 0.9% during the second quarter. Diversified Trust Co now owns 4,342 shares of the company’s stock valued at $1,202,000 after acquiring an additional 37 shares in the last quarter.

About Vanguard Small-Cap Growth ETF

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.