Steelhead Wealth Management LLC Takes $589,000 Position in Vanguard Small-Cap Growth ETF $VBK

Steelhead Wealth Management LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,952 shares of the company’s stock, valued at approximately $589,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Simplex Trading LLC acquired a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at $27,000. Birchbrook Inc. bought a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter valued at $29,000. Advisortrust Partners LLC acquired a new position in shares of Vanguard Small-Cap Growth ETF during the first quarter valued at about $29,000. Bollard Group LLC acquired a new position in shares of Vanguard Small-Cap Growth ETF during the first quarter valued at about $34,000. Finally, Acumen Wealth Advisors LLC bought a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter worth about $39,000.

Vanguard Small-Cap Growth ETF Price Performance

Shares of Vanguard Small-Cap Growth ETF stock opened at $340.46 on Monday. The business has a 50-day simple moving average of $351.15 and a 200 day simple moving average of $331.52. Vanguard Small-Cap Growth ETF has a one year low of $273.57 and a one year high of $366.86. The firm has a market capitalization of $23.10 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16.

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.