Axxcess Wealth Management LLC Reduces Stock Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Axxcess Wealth Management LLC cut its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 28.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,310 shares of the company’s stock after selling 899 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $578,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. FinTrust Capital Advisors LLC increased its stake in shares of Vanguard Small-Cap Growth ETF by 194.1% during the 1st quarter. FinTrust Capital Advisors LLC now owns 100 shares of the company’s stock worth $26,000 after purchasing an additional 66 shares in the last quarter. Pineridge Advisors LLC purchased a new position in shares of Vanguard Small-Cap Growth ETF during the 4th quarter worth approximately $28,000. Motco purchased a new position in shares of Vanguard Small-Cap Growth ETF during the 1st quarter worth approximately $28,000. Webster Bank N. A. grew its stake in Vanguard Small-Cap Growth ETF by 142.1% in the 2nd quarter. Webster Bank N. A. now owns 138 shares of the company’s stock worth $35,000 after acquiring an additional 81 shares during the period. Finally, GAMMA Investing LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the 1st quarter worth approximately $36,000.

Vanguard Small-Cap Growth ETF Stock Performance

VBK stock opened at $266.34 on Friday. The stock has a market capitalization of $17.95 billion, a P/E ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a one year low of $195.63 and a one year high of $269.01. The company has a 50 day moving average price of $256.03 and a two-hundred day moving average price of $252.75.

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.