Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Reaches New 52-Week High – What’s Next?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) reached a new 52-week high on Thursday . The stock traded as high as $329.04 and last traded at $327.5530, with a volume of 60396 shares trading hands. The stock had previously closed at $325.24.

Vanguard Small-Cap Growth ETF Stock Up 0.7%

The stock has a market cap of $22.39 billion, a PE ratio of 27.57 and a beta of 1.17. The company’s fifty day moving average is $306.56 and its 200 day moving average is $298.12.

Hedge Funds Weigh In On Vanguard Small-Cap Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cerity Partners LLC grew its position in Vanguard Small-Cap Growth ETF by 7.5% during the 3rd quarter. Cerity Partners LLC now owns 38,710 shares of the company’s stock worth $11,521,000 after purchasing an additional 2,709 shares in the last quarter. Mechanics Bank Trust Department boosted its position in shares of Vanguard Small-Cap Growth ETF by 22.2% in the third quarter. Mechanics Bank Trust Department now owns 38,129 shares of the company’s stock worth $11,348,000 after buying an additional 6,939 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the second quarter worth $5,436,000. Brookstone Capital Management grew its holdings in shares of Vanguard Small-Cap Growth ETF by 115.8% during the third quarter. Brookstone Capital Management now owns 9,677 shares of the company’s stock valued at $2,880,000 after buying an additional 5,192 shares in the last quarter. Finally, Thoroughbred Financial Services LLC grew its holdings in shares of Vanguard Small-Cap Growth ETF by 62.6% during the second quarter. Thoroughbred Financial Services LLC now owns 1,563 shares of the company’s stock valued at $432,000 after buying an additional 602 shares in the last quarter.

About Vanguard Small-Cap Growth ETF

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.