Sawgrass Asset Management LLC Cuts Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Sawgrass Asset Management LLC trimmed its position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 19.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,200 shares of the company’s stock after selling 1,034 shares during the period. Sawgrass Asset Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. raised its stake 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 in the last quarter. Eastern Bank bought a new stake in shares of Vanguard Small-Cap Growth ETF in the 3rd quarter worth about $32,000. Webster Bank N. A. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 142.1% in the 2nd quarter. Webster Bank N. A. now owns 138 shares of the company’s stock worth $35,000 after buying an additional 81 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter valued at about $36,000. Finally, Voisard Asset Management Group Inc. bought a new position in shares of Vanguard Small-Cap Growth ETF in the 3rd quarter valued at about $39,000.

Vanguard Small-Cap Growth ETF Price Performance

Shares of NYSEARCA VBK opened at $280.47 on Friday. Vanguard Small-Cap Growth ETF has a 1-year low of $211.36 and a 1-year high of $294.89. The business’s 50 day moving average is $269.87 and its two-hundred day moving average is $258.52. The stock has a market capitalization of $18.90 billion, a P/E ratio of 23.60 and a beta of 1.31.

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.