Tandem Financial LLC Invests $3.61 Million in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Tandem Financial LLC bought a new position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) in the 4th quarter, HoldingsChannel.com reports. The fund bought 12,883 shares of the company’s stock, valued at approximately $3,608,000. Vanguard Small-Cap Growth ETF makes up approximately 3.9% of Tandem Financial LLC’s investment portfolio, making the stock its 10th largest position.

Other large investors also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. boosted its holdings in Vanguard Small-Cap Growth ETF by 68.4% in the third quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 39 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Small-Cap Growth ETF during the third quarter valued at approximately $26,000. Modus Advisors LLC purchased a new position in shares of Vanguard Small-Cap Growth ETF in the 4th quarter worth $28,000. First PREMIER Bank bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $29,000. Finally, Eastern Bank bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 3rd quarter valued at $32,000.

Vanguard Small-Cap Growth ETF Price Performance

Shares of NYSEARCA VBK opened at $293.69 on Friday. The firm has a fifty day moving average price of $290.44 and a 200-day moving average price of $274.63. Vanguard Small-Cap Growth ETF has a 1 year low of $233.00 and a 1 year high of $304.59. The stock has a market cap of $19.79 billion, a PE ratio of 23.60 and a beta of 1.31.

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.