Independence Asset Advisors LLC Takes Position in Vanguard Small-Cap Growth ETF $VBK

Independence Asset Advisors LLC acquired a new stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) in the first quarter, HoldingsChannel reports. The institutional investor acquired 2,257 shares of the company’s stock, valued at approximately $682,000. Vanguard Small-Cap Growth ETF makes up approximately 0.2% of Independence Asset Advisors LLC’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Vanguard Small-Cap Growth ETF by 2.7% during the fourth quarter. Bank of America Corp DE now owns 10,257,972 shares of the company’s stock valued at $3,099,036,000 after purchasing an additional 268,570 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 100.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after buying an additional 966,444 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Vanguard Small-Cap Growth ETF by 0.9% in the 4th quarter. Assetmark Inc. now owns 1,564,878 shares of the company’s stock worth $472,765,000 after buying an additional 14,258 shares in the last quarter. Sei Investments Co. lifted its position in shares of Vanguard Small-Cap Growth ETF by 1.2% during the 3rd quarter. Sei Investments Co. now owns 949,929 shares of the company’s stock worth $282,726,000 after buying an additional 11,152 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Vanguard Small-Cap Growth ETF by 1.1% during the 4th quarter. LPL Financial LLC now owns 909,819 shares of the company’s stock worth $274,865,000 after buying an additional 9,979 shares during the period.

Vanguard Small-Cap Growth ETF Price Performance

Shares of VBK stock opened at $357.56 on Monday. The stock’s fifty day simple moving average is $345.31 and its 200 day simple moving average is $324.31. The firm has a market cap of $23.88 billion, a price-to-earnings ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a one year low of $273.57 and a one year high of $361.58.

Vanguard Small-Cap Growth ETF 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.