Summit Financial Strategies Inc. Sells 2,628 Shares of Vanguard Small-Cap Growth ETF $VBK

Summit Financial Strategies Inc. cut its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,738 shares of the company’s stock after selling 2,628 shares during the period. Vanguard Small-Cap Growth ETF accounts for approximately 3.5% of Summit Financial Strategies Inc.’s portfolio, making the stock its 11th largest holding. Summit Financial Strategies Inc. owned approximately 0.20% of Vanguard Small-Cap Growth ETF worth $49,640,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of 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 acquiring an additional 268,570 shares during the period. Corient Private Wealth LLC increased its holdings in Vanguard Small-Cap Growth ETF by 100.8% during 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 period. Assetmark Inc. lifted its stake in Vanguard Small-Cap Growth ETF by 2.8% in the 1st quarter. Assetmark Inc. now owns 1,609,318 shares of the company’s stock worth $486,416,000 after purchasing an additional 44,440 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in Vanguard Small-Cap Growth ETF by 26.3% in the 2nd quarter. EP Wealth Advisors LLC now owns 1,020,017 shares of the company’s stock valued at $373,020,000 after purchasing an additional 212,203 shares during the period. Finally, Sei Investments Co. boosted its holdings in Vanguard Small-Cap Growth ETF by 1.6% in the 1st quarter. Sei Investments Co. now owns 984,721 shares of the company’s stock valued at $297,629,000 after purchasing an additional 15,564 shares during the period.

Vanguard Small-Cap Growth ETF Stock Performance

Vanguard Small-Cap Growth ETF stock opened at $347.90 on Wednesday. The stock has a market cap of $23.61 billion, a P/E ratio of 27.57 and a beta of 1.17. Vanguard Small-Cap Growth ETF has a fifty-two week low of $280.27 and a fifty-two week high of $367.04. The firm’s fifty day moving average price is $352.41 and its 200-day moving average price is $338.51.

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.