Cornerstone Advisory LLC Trims Stake in Vanguard Small-Cap Growth ETF $VBK

Cornerstone Advisory LLC lowered its position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 36.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,522 shares of the company’s stock after selling 4,934 shares during the quarter. Cornerstone Advisory LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $2,576,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its position in Vanguard Small-Cap Growth ETF by 2.7% during the fourth quarter. Bank of America Corp DE now owns 10,257,972 shares of the company’s stock worth $3,099,036,000 after buying an additional 268,570 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 100.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock valued at $533,099,000 after acquiring an additional 966,444 shares in the last quarter. Assetmark Inc. boosted its position in shares of Vanguard Small-Cap Growth ETF by 0.9% during the 4th quarter. Assetmark Inc. now owns 1,564,878 shares of the company’s stock valued at $472,765,000 after acquiring an additional 14,258 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Small-Cap Growth ETF by 1.1% during the 4th quarter. LPL Financial LLC now owns 909,819 shares of the company’s stock valued at $274,865,000 after acquiring an additional 9,979 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Vanguard Small-Cap Growth ETF by 2.8% during the fourth quarter. Wells Fargo & Company MN now owns 897,144 shares of the company’s stock worth $271,036,000 after purchasing an additional 24,502 shares in the last quarter.

Vanguard Small-Cap Growth ETF Trading Up 0.5%

Shares of NYSEARCA VBK opened at $350.89 on Wednesday. The business has a 50-day moving average of $350.76 and a 200-day moving average of $328.58. The firm has a market capitalization of $23.81 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16. Vanguard Small-Cap Growth ETF has a 12 month low of $273.57 and a 12 month high of $366.86.

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.