Cornerstone Management Inc. Sells 1,040 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Cornerstone Management Inc. cut its holdings in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,120 shares of the company’s stock after selling 1,040 shares during the quarter. Vanguard Small-Cap Growth ETF makes up about 1.4% of Cornerstone Management Inc.’s investment portfolio, making the stock its 13th biggest position. Cornerstone Management Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $7,035,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Farmers & Merchants Investments Inc. lifted its position in Vanguard Small-Cap Growth ETF by 68.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock valued at $26,000 after purchasing an additional 39 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in Vanguard Small-Cap Growth ETF during the third quarter worth approximately $26,000. Modus Advisors LLC purchased a new stake in Vanguard Small-Cap Growth ETF during the fourth quarter valued at approximately $28,000. First PREMIER Bank purchased a new position in shares of Vanguard Small-Cap Growth ETF in the 4th quarter worth approximately $29,000. Finally, Eastern Bank purchased a new position in shares of Vanguard Small-Cap Growth ETF in the 3rd quarter worth approximately $32,000.

Vanguard Small-Cap Growth ETF Stock Performance

NYSEARCA:VBK opened at $289.14 on Tuesday. Vanguard Small-Cap Growth ETF has a fifty-two week low of $233.00 and a fifty-two week high of $304.59. The firm has a market capitalization of $19.48 billion, a PE ratio of 23.60 and a beta of 1.31. The stock’s fifty day moving average is $290.96 and its 200 day moving average is $274.03.

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.