Cornerstone Management Inc. Sells 738 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Cornerstone Management Inc. cut its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,160 shares of the company’s stock after selling 738 shares during the quarter. Vanguard Small-Cap Growth ETF makes up about 1.5% of Cornerstone Management Inc.’s portfolio, making the stock its 13th largest position. Cornerstone Management Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $6,994,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pathstone Holdings LLC bought a new position in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at $33,474,000. Bragg Financial Advisors Inc lifted its stake in shares of Vanguard Small-Cap Growth ETF by 5.2% in the fourth quarter. Bragg Financial Advisors Inc now owns 116,756 shares of the company’s stock valued at $28,228,000 after buying an additional 5,823 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in shares of Vanguard Small-Cap Growth ETF by 8.9% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 62,544 shares of the company’s stock valued at $15,121,000 after buying an additional 5,101 shares in the last quarter. Financial Planning & Information Services Inc. lifted its stake in shares of Vanguard Small-Cap Growth ETF by 3.1% in the fourth quarter. Financial Planning & Information Services Inc. now owns 32,676 shares of the company’s stock valued at $7,900,000 after buying an additional 971 shares in the last quarter. Finally, O Dell Group LLC bought a new position in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at $162,000.

Vanguard Small-Cap Growth ETF Stock Performance

Shares of Vanguard Small-Cap Growth ETF stock traded down $2.62 during trading hours on Thursday, reaching $265.73. The company’s stock had a trading volume of 10,201 shares, compared to its average volume of 293,169. The stock’s fifty day simple moving average is $257.56 and its two-hundred day simple moving average is $253.64. The company has a market capitalization of $17.90 billion, a P/E ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a one year low of $195.63 and a one year high of $269.69.

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.