Northwestern Mutual Wealth Management Co. Buys 9,709 Shares of Vanguard Small-Cap Growth ETF $VBK

Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 326,837 shares of the company’s stock after buying an additional 9,709 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Small-Cap Growth ETF were worth $119,525,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Simplex Trading LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $27,000. First Bancorp Inc ME bought a new position in Vanguard Small-Cap Growth ETF in the second quarter worth about $28,000. Birchbrook Inc. bought a new position in Vanguard Small-Cap Growth ETF in the fourth quarter worth about $29,000. Advisortrust Partners LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the first quarter worth about $29,000. Finally, Basecamp Wealth Advisors LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the first quarter worth about $31,000.

Vanguard Small-Cap Growth ETF Stock Performance

VBK stock opened at $344.63 on Wednesday. Vanguard Small-Cap Growth ETF has a fifty-two week low of $280.27 and a fifty-two week high of $367.04. The business’s 50 day moving average price is $353.50 and its two-hundred day moving average price is $337.33. The company has a market capitalization of $23.38 billion, a price-to-earnings ratio of 27.57 and a beta of 1.17.

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.