Envestnet Asset Management Inc. Trims Stock Position in Vanguard Small-Cap Growth ETF $VBK

Envestnet Asset Management Inc. lessened its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 3.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 635,254 shares of the company’s stock after selling 21,452 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $175,902,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter worth approximately $26,000. Blume Capital Management Inc. acquired a new position in shares of Vanguard Small-Cap Growth ETF in the 2nd quarter valued at $30,000. Berkshire Money Management Inc. acquired a new position in shares of Vanguard Small-Cap Growth ETF in the 2nd quarter valued at $44,000. SouthState Corp increased its holdings in shares of Vanguard Small-Cap Growth ETF by 97.8% in the 1st quarter. SouthState Corp now owns 182 shares of the company’s stock valued at $46,000 after acquiring an additional 90 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Vanguard Small-Cap Growth ETF by 62.8% in the 2nd quarter. GAMMA Investing LLC now owns 241 shares of the company’s stock valued at $67,000 after acquiring an additional 93 shares during the period.

Vanguard Small-Cap Growth ETF Price Performance

Shares of Vanguard Small-Cap Growth ETF stock opened at $309.36 on Tuesday. The firm’s fifty day simple moving average is $298.42 and its 200-day simple moving average is $278.82. The stock has a market capitalization of $21.11 billion, a price-to-earnings ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a 12 month low of $214.77 and a 12 month high of $310.81.

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.