Convergence Financial LLC Lowers Stock Holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Convergence Financial LLC trimmed its position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 7.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 956 shares of the company’s stock after selling 82 shares during the quarter. Convergence Financial LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 9.0% in the first quarter. Oppenheimer & Co. Inc. now owns 1,722 shares of the company’s stock worth $449,000 after buying an additional 142 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 1.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 94,711 shares of the company’s stock worth $23,690,000 after purchasing an additional 1,614 shares during the last quarter. Mission Wealth Management LP increased its position in shares of Vanguard Small-Cap Growth ETF by 20.8% in the first quarter. Mission Wealth Management LP now owns 4,115 shares of the company’s stock worth $1,073,000 after purchasing an additional 709 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 6.4% in the first quarter. Janney Montgomery Scott LLC now owns 51,799 shares of the company’s stock worth $13,505,000 after purchasing an additional 3,124 shares during the last quarter. Finally, Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Small-Cap Growth ETF in the second quarter worth approximately $12,012,000.

Vanguard Small-Cap Growth ETF Trading Down 0.0 %

VBK stock opened at $268.69 on Friday. The company’s 50 day moving average is $263.25 and its 200 day moving average is $254.92. The stock has a market cap of $18.10 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 1-year low of $195.63 and a 1-year high of $274.99.

Vanguard Small-Cap Growth ETF Company 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.