Cornerstone Advisory LLC Raises Stock Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Cornerstone Advisory LLC lifted its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,691 shares of the company’s stock after acquiring an additional 154 shares during the quarter. Cornerstone Advisory LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $4,273,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VBK. Diversify Wealth Management LLC bought a new position in Vanguard Small-Cap Growth ETF in the fourth quarter worth approximately $216,000. Diversify Advisory Services LLC raised its stake in Vanguard Small-Cap Growth ETF by 4.5% in the fourth quarter. Diversify Advisory Services LLC now owns 2,656 shares of the company’s stock worth $744,000 after buying an additional 115 shares in the last quarter. Ironwood Wealth Management LLC. raised its stake in Vanguard Small-Cap Growth ETF by 42.5% in the fourth quarter. Ironwood Wealth Management LLC. now owns 2,449 shares of the company’s stock worth $686,000 after buying an additional 731 shares in the last quarter. LaFleur & Godfrey LLC raised its stake in Vanguard Small-Cap Growth ETF by 4.7% in the fourth quarter. LaFleur & Godfrey LLC now owns 908 shares of the company’s stock worth $254,000 after buying an additional 41 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its stake in Vanguard Small-Cap Growth ETF by 73.5% in the fourth quarter. Pure Financial Advisors LLC now owns 1,662 shares of the company’s stock worth $465,000 after buying an additional 704 shares in the last quarter.

Vanguard Small-Cap Growth ETF Trading Down 2.8%

NYSEARCA VBK opened at $262.16 on Thursday. The firm’s fifty day simple moving average is $249.99 and its two-hundred day simple moving average is $273.36. Vanguard Small-Cap Growth ETF has a 12-month low of $214.77 and a 12-month high of $304.59. The firm has a market capitalization of $70.42 billion, a P/E ratio of 26.04 and a beta of 1.16.

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.