Gilliland Jeter Wealth Management LLC Makes New $586,000 Investment in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Gilliland Jeter Wealth Management LLC purchased a new position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,424 shares of the company’s stock, valued at approximately $586,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley grew its holdings in Vanguard Small-Cap Growth ETF by 0.8% during the 3rd quarter. Morgan Stanley now owns 1,889,410 shares of the company’s stock valued at $404,674,000 after buying an additional 15,489 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Small-Cap Growth ETF by 2.9% in the 3rd quarter. Assetmark Inc. now owns 1,293,775 shares of the company’s stock worth $277,101,000 after buying an additional 36,544 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Small-Cap Growth ETF by 2.6% in the 3rd quarter. Corient Private Wealth LLC now owns 847,970 shares of the company’s stock worth $181,618,000 after buying an additional 21,410 shares during the period. Sei Investments Co. raised its position in shares of Vanguard Small-Cap Growth ETF by 2.7% in the 3rd quarter. Sei Investments Co. now owns 763,313 shares of the company’s stock worth $163,490,000 after buying an additional 20,186 shares during the period. Finally, LPL Financial LLC raised its position in shares of Vanguard Small-Cap Growth ETF by 8.6% in the 3rd quarter. LPL Financial LLC now owns 611,853 shares of the company’s stock worth $131,047,000 after buying an additional 48,569 shares during the period.

Vanguard Small-Cap Growth ETF Stock Performance

Shares of VBK traded up $2.03 during trading hours on Friday, hitting $245.30. The stock had a trading volume of 171,049 shares, compared to its average volume of 331,364. The firm has a market cap of $16.53 billion, a P/E ratio of 23.73 and a beta of 1.29. The company’s fifty day simple moving average is $251.68 and its 200 day simple moving average is $234.73. Vanguard Small-Cap Growth ETF has a 12-month low of $195.63 and a 12-month high of $262.09.

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.