Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Sets New 12-Month High – Still a Buy?

Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) hit a new 52-week high during trading on Friday . The company traded as high as $309.00 and last traded at $309.38, with a volume of 35900 shares changing hands. The stock had previously closed at $304.54.

Vanguard Small-Cap Growth ETF Stock Up 0.8%

The firm has a market capitalization of $20.94 billion, a PE ratio of 27.57 and a beta of 1.14. The stock’s fifty day simple moving average is $297.99 and its 200 day simple moving average is $278.11.

Institutional Trading of Vanguard Small-Cap Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Proathlete Wealth Management LLC purchased a new stake in Vanguard Small-Cap Growth ETF during the second quarter valued at approximately $26,000. Sound Income Strategies LLC increased its holdings in Vanguard Small-Cap Growth ETF by 57.6% during the third quarter. Sound Income Strategies LLC now owns 93 shares of the company’s stock valued at $28,000 after buying an additional 34 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in Vanguard Small-Cap Growth ETF during the second quarter valued at approximately $29,000. Davis Capital Management purchased a new stake in Vanguard Small-Cap Growth ETF during the third quarter valued at approximately $29,000. Finally, Blume Capital Management Inc. purchased a new stake in Vanguard Small-Cap Growth ETF during the second quarter valued at approximately $30,000.

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.