Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Reaches New 12-Month High – Here’s What Happened

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $282.75 and last traded at $282.75, with a volume of 3039 shares. The stock had previously closed at $274.19.

Vanguard Small-Cap Growth ETF Stock Performance

The company’s fifty day moving average price is $264.81 and its 200 day moving average price is $256.28. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31.

Hedge Funds Weigh In On Vanguard Small-Cap Growth ETF

Several institutional investors have recently made changes to their positions in VBK. Farmers & Merchants Investments Inc. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 68.4% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 39 shares during the period. Motco acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the first quarter valued at approximately $28,000. Eastern Bank bought a new stake in shares of Vanguard Small-Cap Growth ETF during the third quarter valued at approximately $32,000. Webster Bank N. A. raised its holdings in shares of Vanguard Small-Cap Growth ETF by 142.1% during the second quarter. Webster Bank N. A. now owns 138 shares of the company’s stock valued at $35,000 after buying an additional 81 shares during the last quarter. Finally, 1832 Asset Management L.P. acquired a new position in shares of Vanguard Small-Cap Growth ETF during the second quarter worth approximately $36,000.

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.