Independent Wealth Network Inc. Has $1 Million Stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Independent Wealth Network Inc. boosted its holdings in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 31.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,578 shares of the company’s stock after buying an additional 862 shares during the quarter. Independent Wealth Network Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $1,002,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its position in shares of Vanguard Small-Cap Growth ETF by 7.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 58,221 shares of the company’s stock valued at $16,306,000 after purchasing an additional 4,078 shares during the last quarter. Daymark Wealth Partners LLC grew its position in shares of Vanguard Small-Cap Growth ETF by 16.4% in the fourth quarter. Daymark Wealth Partners LLC now owns 1,868 shares of the company’s stock valued at $523,000 after purchasing an additional 263 shares during the last quarter. Investment Advisory Group LLC acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at about $200,000. Madison Park Capital Advisors LLC acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at about $217,000. Finally, Genesis Private Wealth LLC acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the fourth quarter valued at about $536,000.

Vanguard Small-Cap Growth ETF Stock Performance

Shares of NYSEARCA:VBK opened at $294.70 on Thursday. The company has a market cap of $19.86 billion, a P/E ratio of 23.60 and a beta of 1.31. The stock’s 50-day moving average is $290.07 and its 200-day moving average is $271.97. Vanguard Small-Cap Growth ETF has a 52-week low of $233.00 and a 52-week high of $304.59.

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.