Avidian Wealth Enterprises LLC Cuts Stock Holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Avidian Wealth Enterprises LLC reduced its position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 9.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,756 shares of the company’s stock after selling 392 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $1,052,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VBK. Farmers & Merchants Investments Inc. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 68.4% in 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 acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the third quarter valued at approximately $26,000. Modus Advisors LLC acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $28,000. First PREMIER Bank acquired a new stake in Vanguard Small-Cap Growth ETF during the fourth quarter worth $29,000. Finally, Eastern Bank acquired a new stake in Vanguard Small-Cap Growth ETF during the third quarter worth $32,000.

Vanguard Small-Cap Growth ETF Stock Down 0.4 %

VBK stock opened at $286.97 on Thursday. Vanguard Small-Cap Growth ETF has a 52-week low of $233.00 and a 52-week high of $304.59. The business has a fifty day moving average of $289.62 and a two-hundred day moving average of $275.66. The stock has a market cap of $19.34 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31.

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.