Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Hits New 12-Month High – Should You Buy?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)’s share price reached a new 52-week high on Tuesday . The company traded as high as $352.29 and last traded at $350.73, with a volume of 31199 shares. The stock had previously closed at $347.12.

Vanguard Small-Cap Growth ETF Stock Performance

The stock has a market cap of $23.50 billion, a PE ratio of 27.57 and a beta of 1.17. The firm has a fifty day moving average price of $324.12 and a 200 day moving average price of $315.00.

Hedge Funds Weigh In On Vanguard Small-Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VBK. Corient Private Wealth LLC raised its stake in Vanguard Small-Cap Growth ETF by 100.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after acquiring an additional 966,444 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in Vanguard Small-Cap Growth ETF during the 4th quarter worth about $234,537,000. Gen Wealth Partners Inc grew its position in Vanguard Small-Cap Growth ETF by 11,209.1% during the 4th quarter. Gen Wealth Partners Inc now owns 392,425 shares of the company’s stock worth $118,556,000 after purchasing an additional 388,955 shares during the period. Align Financial LLC acquired a new stake in Vanguard Small-Cap Growth ETF during the 4th quarter worth about $87,255,000. Finally, Bank of America Corp DE grew its position in Vanguard Small-Cap Growth ETF by 2.7% during the 4th quarter. Bank of America Corp DE now owns 10,257,972 shares of the company’s stock worth $3,099,036,000 after purchasing an additional 268,570 shares during the period.

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. 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.