Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Hits New 52-Week High – Should You Buy?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) shares reached a new 52-week high on Thursday . The company traded as high as $310.81 and last traded at $311.2980, with a volume of 108417 shares changing hands. The stock had previously closed at $309.04.

Vanguard Small-Cap Growth ETF Price Performance

The firm’s fifty day moving average is $300.49 and its two-hundred day moving average is $289.45. The firm has a market capitalization of $21.35 billion, a PE ratio of 27.57 and a beta of 1.17.

Hedge Funds Weigh In On Vanguard Small-Cap Growth ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in Vanguard Small-Cap Growth ETF by 0.4% in the third quarter. Bank of America Corp DE now owns 9,989,402 shares of the company’s stock valued at $2,973,046,000 after acquiring an additional 36,393 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Small-Cap Growth ETF by 100.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after purchasing an additional 966,444 shares during the period. Assetmark Inc. raised its holdings in shares of Vanguard Small-Cap Growth ETF by 0.7% in the 3rd quarter. Assetmark Inc. now owns 1,550,620 shares of the company’s stock worth $461,496,000 after purchasing an additional 10,045 shares during the period. Royal Bank of Canada lifted its stake in Vanguard Small-Cap Growth ETF by 359.1% in the first quarter. Royal Bank of Canada now owns 988,251 shares of the company’s stock valued at $248,811,000 after purchasing an additional 773,005 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Vanguard Small-Cap Growth ETF by 1.2% in the third quarter. Sei Investments Co. now owns 949,929 shares of the company’s stock valued at $282,726,000 after purchasing an additional 11,152 shares during the last quarter.

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.