Bank of America Corp DE Has $2.55 Billion Stake in Vanguard Small-Cap Growth ETF $VBK

Bank of America Corp DE reduced its holdings in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 17.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,438,257 shares of the company’s stock after selling 1,819,715 shares during the quarter. Bank of America Corp DE owned about 12.64% of Vanguard Small-Cap Growth ETF worth $2,550,463,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in VBK. Genesis Financial Group LLC grew its holdings in Vanguard Small-Cap Growth ETF by 3.1% in the 1st quarter. Genesis Financial Group LLC now owns 5,376 shares of the company’s stock valued at $1,625,000 after buying an additional 163 shares during the last quarter. Vestwell Advisors LLC increased its position in Vanguard Small-Cap Growth ETF by 6.2% in the 1st quarter. Vestwell Advisors LLC now owns 7,551 shares of the company’s stock worth $2,283,000 after buying an additional 441 shares during the period. Strategic Investment Advisors MI lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 34.2% during the first quarter. Strategic Investment Advisors MI now owns 37,328 shares of the company’s stock worth $11,293,000 after buying an additional 9,503 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 3.0% during the first quarter. Arkadios Wealth Advisors now owns 2,554 shares of the company’s stock worth $772,000 after buying an additional 75 shares during the last quarter. Finally, Talon Private Wealth LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF in the first quarter valued at approximately $3,358,000.

Vanguard Small-Cap Growth ETF Trading Down 2.2%

VBK opened at $334.14 on Thursday. The business has a 50 day moving average of $351.33 and a 200-day moving average of $331.24. The stock has a market capitalization of $22.67 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16. Vanguard Small-Cap Growth ETF has a 1-year low of $273.57 and a 1-year high of $366.86.

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. 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.