Archford Capital Strategies LLC Sells 8,093 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Archford Capital Strategies LLC reduced its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 24.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,402 shares of the company’s stock after selling 8,093 shares during the period. Vanguard Small-Cap Growth ETF comprises approximately 1.0% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 24th largest position. Archford Capital Strategies LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $6,834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VBK. Farmers & Merchants Investments Inc. grew its stake in shares of Vanguard Small-Cap Growth ETF by 68.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after buying an additional 39 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Small-Cap Growth ETF during the 3rd quarter valued at $26,000. Modus Advisors LLC bought a new stake in Vanguard Small-Cap Growth ETF during the 4th quarter worth $28,000. First PREMIER Bank acquired a new position in Vanguard Small-Cap Growth ETF in the 4th quarter worth about $29,000. Finally, Eastern Bank bought a new position in Vanguard Small-Cap Growth ETF in the third quarter valued at about $32,000.

Vanguard Small-Cap Growth ETF Trading Down 0.3 %

NYSEARCA:VBK opened at $295.33 on Friday. The stock’s 50-day moving average is $290.71 and its 200-day moving average is $272.78. The stock has a market cap of $19.90 billion, a P/E ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 1-year low of $233.00 and a 1-year high of $304.59.

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.