Cornerstone Planning Group LLC Purchases New Position in Vanguard Small-Cap Growth ETF $VBK

Cornerstone Planning Group LLC bought a new position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 17,199 shares of the company’s stock, valued at approximately $5,119,000. Vanguard Small-Cap Growth ETF makes up 0.6% of Cornerstone Planning Group LLC’s portfolio, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VBK. Sound Income Strategies LLC lifted its position in shares of Vanguard Small-Cap Growth ETF by 57.6% during the 3rd quarter. Sound Income Strategies LLC now owns 93 shares of the company’s stock valued at $28,000 after acquiring an additional 34 shares during the period. Financial Gravity Companies Inc. acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the 2nd quarter worth about $29,000. Davis Capital Management purchased a new stake in shares of Vanguard Small-Cap Growth ETF in the third quarter worth approximately $29,000. Blume Capital Management Inc. purchased a new stake in Vanguard Small-Cap Growth ETF in the 2nd quarter valued at $30,000. Finally, TruNorth Capital Management LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 600.0% in the third quarter. TruNorth Capital Management LLC now owns 112 shares of the company’s stock valued at $33,000 after purchasing an additional 96 shares during the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

VBK opened at $314.87 on Tuesday. The firm has a market cap of $21.53 billion, a P/E ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a fifty-two week low of $214.77 and a fifty-two week high of $329.04. The firm has a 50-day moving average of $311.70 and a 200 day moving average of $300.49.

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.