Financial Connections Group Inc. Decreases Stock Holdings in Vanguard Small-Cap Growth ETF $VBK

Financial Connections Group Inc. reduced its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 2.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,230 shares of the company’s stock after selling 133 shares during the quarter. Vanguard Small-Cap Growth ETF makes up 0.7% of Financial Connections Group Inc.’s holdings, making the stock its 29th largest position. Financial Connections Group Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in VBK. Royal Bank of Canada raised its stake in Vanguard Small-Cap Growth ETF by 359.1% in the first quarter. Royal Bank of Canada now owns 988,251 shares of the company’s stock valued at $248,811,000 after buying an additional 773,005 shares during the last quarter. Wealthspire Advisors LLC raised its stake in Vanguard Small-Cap Growth ETF by 96.3% in the first quarter. Wealthspire Advisors LLC now owns 373,028 shares of the company’s stock valued at $93,917,000 after buying an additional 182,955 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Vanguard Small-Cap Growth ETF by 30.7% in the first quarter. EP Wealth Advisors LLC now owns 601,701 shares of the company’s stock valued at $151,490,000 after buying an additional 141,196 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Small-Cap Growth ETF by 11.0% in the first quarter. LPL Financial LLC now owns 827,794 shares of the company’s stock valued at $208,414,000 after buying an additional 81,727 shares during the last quarter. Finally, Merit Financial Group LLC raised its stake in Vanguard Small-Cap Growth ETF by 348.9% in the second quarter. Merit Financial Group LLC now owns 96,816 shares of the company’s stock valued at $26,812,000 after buying an additional 75,247 shares during the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

Vanguard Small-Cap Growth ETF stock opened at $294.70 on Friday. The stock has a 50-day moving average of $293.91 and a two-hundred day moving average of $273.68. Vanguard Small-Cap Growth ETF has a one year low of $214.77 and a one year high of $306.76. The stock has a market cap of $20.11 billion, a PE ratio of 27.57 and a beta of 1.14.

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.