Merit Financial Group LLC Has $27.37 Million Stake in Vanguard Small-Cap Growth ETF $VBK

Merit Financial Group LLC trimmed its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,974 shares of the company’s stock after selling 4,842 shares during the period. Merit Financial Group LLC owned about 0.13% of Vanguard Small-Cap Growth ETF worth $27,373,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of VBK. Brighton Jones LLC grew its holdings in shares of Vanguard Small-Cap Growth ETF by 1.3% in the 4th quarter. Brighton Jones LLC now owns 11,160 shares of the company’s stock worth $3,125,000 after purchasing an additional 142 shares during the last quarter. Baird Financial Group Inc. boosted its position in Vanguard Small-Cap Growth ETF by 4.4% in the first quarter. Baird Financial Group Inc. now owns 42,535 shares of the company’s stock valued at $10,709,000 after buying an additional 1,812 shares in the last quarter. Royal Bank of Canada grew its stake in Vanguard Small-Cap Growth ETF by 359.1% during the first quarter. Royal Bank of Canada now owns 988,251 shares of the company’s stock worth $248,811,000 after buying an additional 773,005 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Small-Cap Growth ETF by 30.7% during the first quarter. EP Wealth Advisors LLC now owns 601,701 shares of the company’s stock worth $151,490,000 after buying an additional 141,196 shares in the last quarter. Finally, Algorithmic Investment Models LLC increased its holdings in shares of Vanguard Small-Cap Growth ETF by 100.1% during the first quarter. Algorithmic Investment Models LLC now owns 17,269 shares of the company’s stock worth $4,348,000 after buying an additional 8,637 shares in the last quarter.

Vanguard Small-Cap Growth ETF Trading Down 0.6%

NYSEARCA:VBK opened at $305.11 on Wednesday. The stock has a market capitalization of $20.82 billion, a P/E ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a 1 year low of $214.77 and a 1 year high of $312.83. The firm has a 50 day moving average of $301.67 and a 200-day moving average of $293.42.

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. 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.