Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Reaches New 1-Year High – Still a Buy?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)’s share price reached a new 52-week high on Monday . The company traded as high as $359.11 and last traded at $358.56, with a volume of 20470 shares traded. The stock had previously closed at $356.54.

Vanguard Small-Cap Growth ETF Stock Down 0.0%

The company’s 50 day simple moving average is $341.89 and its 200-day simple moving average is $322.51. The firm has a market cap of $23.81 billion, a P/E ratio of 27.57 and a beta of 1.17.

Institutional Investors Weigh In On Vanguard Small-Cap Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Steelhead Wealth Management LLC purchased a new position in Vanguard Small-Cap Growth ETF during the 1st quarter valued at $589,000. Curry Webb Wealth Management LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF during the first quarter worth $453,000. FAS Wealth Partners Inc. lifted its position in shares of Vanguard Small-Cap Growth ETF by 1.1% during the first quarter. FAS Wealth Partners Inc. now owns 9,216 shares of the company’s stock worth $2,785,000 after purchasing an additional 100 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Vanguard Small-Cap Growth ETF by 6.5% during the first quarter. Parallel Advisors LLC now owns 7,353 shares of the company’s stock valued at $2,223,000 after purchasing an additional 452 shares during the period. Finally, Dala Group LLC purchased a new stake in shares of Vanguard Small-Cap Growth ETF during the first quarter valued at $703,000.

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.