Brown Wealth Management LLC Sells 3,979 Shares of Vanguard Small-Cap Growth ETF $VBK

Brown Wealth Management LLC decreased its holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 30.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,095 shares of the company’s stock after selling 3,979 shares during the quarter. Brown Wealth Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $2,519,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC lifted its stake in Vanguard Small-Cap Growth ETF by 62.6% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,563 shares of the company’s stock valued at $432,000 after acquiring an additional 602 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 32.2% in the second quarter. Capital Investment Advisors LLC now owns 1,232 shares of the company’s stock valued at $341,000 after purchasing an additional 300 shares during the last quarter. Independent Wealth Network Inc. raised its holdings in shares of Vanguard Small-Cap Growth ETF by 7.2% in the second quarter. Independent Wealth Network Inc. now owns 4,113 shares of the company’s stock valued at $1,139,000 after purchasing an additional 277 shares during the last quarter. Michels Family Financial LLC lifted its position in shares of Vanguard Small-Cap Growth ETF by 1.8% during the second quarter. Michels Family Financial LLC now owns 4,874 shares of the company’s stock valued at $1,350,000 after purchasing an additional 84 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in Vanguard Small-Cap Growth ETF by 11.2% during the second quarter. AE Wealth Management LLC now owns 5,751 shares of the company’s stock worth $1,593,000 after purchasing an additional 579 shares during the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

NYSEARCA:VBK opened at $286.82 on Wednesday. Vanguard Small-Cap Growth ETF has a 52 week low of $214.77 and a 52 week high of $310.81. The firm has a 50-day moving average price of $300.59 and a two-hundred day moving average price of $285.50. The firm has a market cap of $19.58 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.