Tower View Investment Management & Research LLC Takes $3.24 Million Position in Vanguard Small-Cap Growth ETF (VBK)

Tower View Investment Management & Research LLC purchased a new stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 17,320 shares of the company’s stock, valued at approximately $3,244,000. Vanguard Small-Cap Growth ETF makes up approximately 2.8% of Tower View Investment Management & Research LLC’s investment portfolio, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lenox Wealth Advisors LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter worth $105,000. Northwest Wealth Management LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter worth $147,000. Clarus Wealth Advisors bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter worth $140,000. Parkside Financial Bank & Trust bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 3rd quarter worth $160,000. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Vanguard Small-Cap Growth ETF during the 2nd quarter worth $181,000.

Shares of VBK traded up $2.10 during trading hours on Friday, hitting $169.81. 6,734 shares of the company were exchanged, compared to its average volume of 148,485. Vanguard Small-Cap Growth ETF has a one year low of $151.00 and a one year high of $190.49.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 3rd. Stockholders of record on Monday, October 1st were paid a dividend of $0.2855 per share. The ex-dividend date was Friday, September 28th. This is a positive change from Vanguard Small-Cap Growth ETF’s previous quarterly dividend of $0.24. This represents a $1.14 annualized dividend and a dividend yield of 0.67%.

Vanguard Small-Cap Growth ETF Company 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.

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Institutional Ownership by Quarter for Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

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