Nvest Wealth Strategies Inc. Takes $724,000 Position in Vanguard Small-Cap Growth ETF $VBK

Nvest Wealth Strategies Inc. acquired a new stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) in the fourth quarter, Holdings Channel.com reports. The firm acquired 2,398 shares of the company’s stock, valued at approximately $724,000. Vanguard Small-Cap Growth ETF makes up approximately 0.5% of Nvest Wealth Strategies Inc.’s portfolio, making the stock its 18th biggest holding.

Several other large investors have also recently made changes to their positions in VBK. Corient Private Wealth LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 100.8% during the second quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after purchasing an additional 966,444 shares in the last quarter. M&T Bank Corp increased its position in shares of Vanguard Small-Cap Growth ETF by 506.1% during the fourth quarter. M&T Bank Corp now owns 87,557 shares of the company’s stock worth $26,452,000 after purchasing an additional 73,110 shares in the last quarter. Congress Asset Management Co. increased its position in shares of Vanguard Small-Cap Growth ETF by 175.1% during the fourth quarter. Congress Asset Management Co. now owns 111,812 shares of the company’s stock worth $33,780,000 after purchasing an additional 71,162 shares in the last quarter. CWM LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 121.7% during the fourth quarter. CWM LLC now owns 115,034 shares of the company’s stock worth $34,753,000 after purchasing an additional 63,148 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Vanguard Small-Cap Growth ETF during the third quarter worth approximately $16,309,000.

Vanguard Small-Cap Growth ETF Stock Performance

Shares of VBK opened at $335.40 on Thursday. Vanguard Small-Cap Growth ETF has a one year low of $240.84 and a one year high of $341.93. The stock has a market capitalization of $22.40 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16. The stock has a 50 day moving average price of $314.11 and a 200 day moving average price of $309.57.

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.