Cornerstone Advisory LLC Cuts Position in Vanguard Small-Cap Growth ETF $VBK

Cornerstone Advisory LLC lessened its position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 36.7% during the first quarter, Holdings Channel reports. The fund owned 8,522 shares of the company’s stock after selling 4,934 shares during the period. Cornerstone Advisory LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $2,576,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Simplex Trading LLC bought a new stake in Vanguard Small-Cap Growth ETF during the fourth quarter worth about $27,000. Birchbrook Inc. bought a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $29,000. Acumen Wealth Advisors LLC bought a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $39,000. MV Capital Management Inc. purchased a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $41,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $47,000.

Vanguard Small-Cap Growth ETF Price Performance

NYSEARCA:VBK opened at $350.89 on Wednesday. The company has a market capitalization of $23.81 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16. The business has a 50 day moving average of $350.76 and a 200 day moving average of $328.58. Vanguard Small-Cap Growth ETF has a 1-year low of $273.57 and a 1-year high of $366.86.

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. 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.