Meritage Portfolio Management Lowers Stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Meritage Portfolio Management lessened its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 9.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,896 shares of the company’s stock after selling 1,414 shares during the quarter. Meritage Portfolio Management’s holdings in Vanguard Small-Cap Growth ETF were worth $3,892,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VBK. Intergy Private Wealth LLC grew its stake in Vanguard Small-Cap Growth ETF by 0.9% in the 4th quarter. Intergy Private Wealth LLC now owns 3,735 shares of the company’s stock worth $1,046,000 after acquiring an additional 35 shares in the last quarter. Continuum Advisory LLC grew its stake in Vanguard Small-Cap Growth ETF by 2.9% in the third quarter. Continuum Advisory LLC now owns 1,350 shares of the company’s stock worth $385,000 after purchasing an additional 38 shares in the last quarter. Farmers & Merchants Investments Inc. grew its stake 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 purchasing an additional 39 shares in the last quarter. Centaurus Financial Inc. increased its holdings in Vanguard Small-Cap Growth ETF by 1.4% during the 3rd quarter. Centaurus Financial Inc. now owns 2,903 shares of the company’s stock worth $776,000 after purchasing an additional 40 shares during the period. Finally, Headinvest LLC raised its position in Vanguard Small-Cap Growth ETF by 3.8% during the 3rd quarter. Headinvest LLC now owns 1,086 shares of the company’s stock valued at $290,000 after purchasing an additional 40 shares in the last quarter.

Vanguard Small-Cap Growth ETF Trading Up 0.8 %

VBK opened at $291.57 on Wednesday. The company has a market capitalization of $19.65 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 12-month low of $233.00 and a 12-month high of $304.59. The business’s fifty day simple moving average is $290.71 and its 200-day simple moving average is $274.25.

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.