Richardson Financial Services Inc. Buys 107 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Richardson Financial Services Inc. grew its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,295 shares of the company’s stock after purchasing an additional 107 shares during the period. Vanguard Small-Cap Growth ETF makes up 1.3% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 14th largest holding. Richardson Financial Services Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $1,825,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Aveo Capital Partners LLC grew its stake in Vanguard Small-Cap Growth ETF by 5.5% in the fourth quarter. Aveo Capital Partners LLC now owns 2,808 shares of the company’s stock worth $679,000 after purchasing an additional 147 shares during the period. Rollins Financial purchased a new stake in shares of Vanguard Small-Cap Growth ETF in the 4th quarter worth about $213,000. Gryphon Financial Partners LLC increased its stake in shares of Vanguard Small-Cap Growth ETF by 28.2% in the 4th quarter. Gryphon Financial Partners LLC now owns 4,174 shares of the company’s stock worth $1,009,000 after acquiring an additional 917 shares in the last quarter. Level Four Advisory Services LLC lifted its position in Vanguard Small-Cap Growth ETF by 14.2% during the 4th quarter. Level Four Advisory Services LLC now owns 1,912 shares of the company’s stock valued at $462,000 after acquiring an additional 238 shares during the period. Finally, Brown Advisory Inc. boosted its stake in Vanguard Small-Cap Growth ETF by 21.5% during the fourth quarter. Brown Advisory Inc. now owns 8,768 shares of the company’s stock worth $2,120,000 after acquiring an additional 1,550 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

VBK stock opened at $262.60 on Thursday. The firm has a 50 day moving average price of $255.63 and a 200-day moving average price of $252.58. Vanguard Small-Cap Growth ETF has a 52-week low of $195.63 and a 52-week high of $268.30. The firm has a market capitalization of $17.69 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31.

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.