Congress Asset Management Co. Decreases Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Congress Asset Management Co. lowered its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 22.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,675 shares of the company’s stock after selling 11,381 shares during the quarter. Congress Asset Management Co. owned about 0.06% of Vanguard Small-Cap Growth ETF worth $10,341,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of VBK. Voisard Asset Management Group Inc. acquired a new position in Vanguard Small-Cap Growth ETF in the 3rd quarter worth $39,000. Sunburst Financial Group LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 2.6% during the third quarter. Sunburst Financial Group LLC now owns 4,287 shares of the company’s stock worth $1,146,000 after acquiring an additional 109 shares during the last quarter. Capstone Triton Financial Group LLC acquired a new position in shares of Vanguard Small-Cap Growth ETF in the third quarter worth about $211,000. Cove Private Wealth LLC purchased a new position in Vanguard Small-Cap Growth ETF in the third quarter valued at about $201,000. Finally, Edge Financial Advisors LLC acquired a new stake in Vanguard Small-Cap Growth ETF during the 3rd quarter valued at approximately $250,000.

Vanguard Small-Cap Growth ETF Stock Down 1.5 %

VBK stock opened at $266.84 on Friday. The company has a market capitalization of $17.98 billion, a PE ratio of 23.60 and a beta of 1.31. The stock’s 50 day moving average is $264.29 and its two-hundred day moving average is $255.43. Vanguard Small-Cap Growth ETF has a 52-week low of $196.65 and a 52-week high of $274.99.

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.