Acorn Financial Advisory Services Inc. ADV Sells 551 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Acorn Financial Advisory Services Inc. ADV decreased its position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,782 shares of the company’s stock after selling 551 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard Small-Cap Growth ETF were worth $1,619,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ritholtz Wealth Management lifted its position in shares of Vanguard Small-Cap Growth ETF by 11.5% in the fourth quarter. Ritholtz Wealth Management now owns 1,867 shares of the company’s stock worth $523,000 after buying an additional 193 shares in the last quarter. World Equity Group Inc. lifted its stake in shares of Vanguard Small-Cap Growth ETF by 111.6% in the 4th quarter. World Equity Group Inc. now owns 3,714 shares of the company’s stock valued at $1,040,000 after purchasing an additional 1,959 shares during the last quarter. Apriem Advisors increased its position in shares of Vanguard Small-Cap Growth ETF by 47.7% during the 4th quarter. Apriem Advisors now owns 2,798 shares of the company’s stock valued at $784,000 after purchasing an additional 904 shares during the last quarter. Choate Investment Advisors bought a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter worth $413,000. Finally, JPMorgan Chase & Co. boosted its stake in Vanguard Small-Cap Growth ETF by 3.7% during the third quarter. JPMorgan Chase & Co. now owns 223,530 shares of the company’s stock worth $59,765,000 after buying an additional 8,047 shares during the period.

Vanguard Small-Cap Growth ETF Trading Up 0.7 %

Shares of NYSEARCA:VBK opened at $249.73 on Friday. Vanguard Small-Cap Growth ETF has a 12 month low of $214.77 and a 12 month high of $304.59. The firm’s 50-day moving average is $249.88 and its 200 day moving average is $274.12. The company has a market capitalization of $67.08 billion, a price-to-earnings ratio of 24.11 and a beta of 1.18.

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.