Choate Investment Advisors Purchases New Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Choate Investment Advisors acquired a new stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,474 shares of the company’s stock, valued at approximately $413,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America purchased a new position in Vanguard Small-Cap Growth ETF in the 3rd quarter valued at about $26,000. Modus Advisors LLC purchased a new position in Vanguard Small-Cap Growth ETF in the 4th quarter valued at about $28,000. First PREMIER Bank purchased a new position in Vanguard Small-Cap Growth ETF in the 4th quarter valued at about $29,000. Prestige Wealth Management Group LLC boosted its position in Vanguard Small-Cap Growth ETF by 344.8% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 129 shares of the company’s stock valued at $34,000 after buying an additional 100 shares during the last quarter. Finally, Sherman Asset Management Inc. bought a new position in shares of Vanguard Small-Cap Growth ETF during the fourth quarter worth about $36,000.

Vanguard Small-Cap Growth ETF Stock Performance

Shares of VBK stock opened at $258.82 on Tuesday. Vanguard Small-Cap Growth ETF has a one year low of $233.00 and a one year high of $304.59. The company’s 50-day simple moving average is $281.02 and its 200-day simple moving average is $278.70. The stock has a market capitalization of $69.52 billion, a price-to-earnings ratio of 23.69 and a beta of 1.20.

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.