Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Sets New 52-Week High – Here’s Why

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) reached a new 52-week high during trading on Monday . The stock traded as high as $361.62 and last traded at $361.42, with a volume of 233838 shares traded. The stock had previously closed at $357.56.

Vanguard Small-Cap Growth ETF Trading Up 1.1%

The stock has a market capitalization of $24.14 billion, a PE ratio of 27.57 and a beta of 1.17. The business’s 50 day moving average is $345.31 and its 200 day moving average is $324.31.

Institutional Investors Weigh In On Vanguard Small-Cap Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Everhart Financial Group Inc. grew its stake in Vanguard Small-Cap Growth ETF by 10.4% in the 4th quarter. Everhart Financial Group Inc. now owns 23,046 shares of the company’s stock worth $6,962,000 after acquiring an additional 2,164 shares in the last quarter. D.A. Davidson & CO. grew its stake in Vanguard Small-Cap Growth ETF by 6.0% in the fourth quarter. D.A. Davidson & CO. now owns 30,456 shares of the company’s stock worth $9,201,000 after purchasing an additional 1,720 shares in the last quarter. BCS Wealth Management increased its holdings in Vanguard Small-Cap Growth ETF by 100.0% during the 4th quarter. BCS Wealth Management now owns 5,954 shares of the company’s stock worth $1,799,000 after purchasing an additional 2,977 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard Small-Cap Growth ETF by 5.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 100,451 shares of the company’s stock worth $31,911,000 after purchasing an additional 5,421 shares during the period. Finally, Genesis Financial Group LLC bought a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter worth $1,575,000.

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. 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.