Tower View Wealth Management LLC Sells 1,859 Shares of Vanguard Small-Cap Growth ETF $VBK

Tower View Wealth Management LLC cut its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 14.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,951 shares of the company’s stock after selling 1,859 shares during the period. Vanguard Small-Cap Growth ETF comprises approximately 1.7% of Tower View Wealth Management LLC’s investment portfolio, making the stock its 25th biggest position. Tower View Wealth Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $3,259,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in Vanguard Small-Cap Growth ETF by 1.3% during the 4th quarter. Brighton Jones LLC now owns 11,160 shares of the company’s stock worth $3,125,000 after buying an additional 142 shares during the period. WPG Advisers LLC acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the first quarter valued at about $208,000. Baird Financial Group Inc. lifted its stake in shares of Vanguard Small-Cap Growth ETF by 4.4% in the first quarter. Baird Financial Group Inc. now owns 42,535 shares of the company’s stock worth $10,709,000 after acquiring an additional 1,812 shares during the period. Connecticut Wealth Management LLC acquired a new stake in Vanguard Small-Cap Growth ETF during the 1st quarter valued at approximately $2,642,000. Finally, Betterment LLC boosted its stake in shares of Vanguard Small-Cap Growth ETF by 7.2% in the 1st quarter. Betterment LLC now owns 16,593 shares of the company’s stock valued at $4,178,000 after purchasing an additional 1,117 shares during the last quarter.

Vanguard Small-Cap Growth ETF Trading Down 0.4%

Shares of VBK opened at $308.75 on Friday. The stock has a market capitalization of $21.07 billion, a P/E ratio of 27.57 and a beta of 1.17. The firm’s fifty day simple moving average is $301.62 and its two-hundred day simple moving average is $292.62. Vanguard Small-Cap Growth ETF has a 12 month low of $214.77 and a 12 month high of $312.83.

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.