Diversified Management Inc. Grows Position in Vanguard Small-Cap Growth ETF $VBK

Diversified Management Inc. increased its holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 298.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,863 shares of the company’s stock after acquiring an additional 7,389 shares during the quarter. Vanguard Small-Cap Growth ETF makes up about 0.8% of Diversified Management Inc.’s holdings, making the stock its 27th biggest position. Diversified Management Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $3,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in Vanguard Small-Cap Growth ETF by 2.7% in the fourth quarter. Bank of America Corp DE now owns 10,257,972 shares of the company’s stock valued at $3,099,036,000 after purchasing an additional 268,570 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Vanguard Small-Cap Growth ETF by 100.8% during the second quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after buying an additional 966,444 shares during the period. Assetmark Inc. boosted its stake in shares of Vanguard Small-Cap Growth ETF by 2.8% during the first quarter. Assetmark Inc. now owns 1,609,318 shares of the company’s stock worth $486,416,000 after buying an additional 44,440 shares during the period. Sei Investments Co. grew its holdings in shares of Vanguard Small-Cap Growth ETF by 1.6% during the first quarter. Sei Investments Co. now owns 984,721 shares of the company’s stock worth $297,629,000 after buying an additional 15,564 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Vanguard Small-Cap Growth ETF by 1.1% during the fourth quarter. LPL Financial LLC now owns 909,819 shares of the company’s stock worth $274,865,000 after buying an additional 9,979 shares during the last quarter.

Vanguard Small-Cap Growth ETF Stock Up 0.6%

Shares of VBK stock opened at $361.55 on Wednesday. The stock has a market capitalization of $24.53 billion, a PE ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a 52-week low of $279.44 and a 52-week high of $366.86. The stock’s 50-day moving average price is $351.41 and its 200 day moving average price is $333.10.

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.