Cornerstone Wealth Advisors Inc. Has $10.86 Million Holdings in Vanguard Small-Cap Growth ETF $VBK

Cornerstone Wealth Advisors Inc. lessened its stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,472 shares of the company’s stock after selling 1,961 shares during the quarter. Vanguard Small-Cap Growth ETF comprises 2.6% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 9th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $10,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in VBK. Sound Income Strategies LLC lifted its position in Vanguard Small-Cap Growth ETF by 57.6% in the 3rd quarter. Sound Income Strategies LLC now owns 93 shares of the company’s stock valued at $28,000 after acquiring an additional 34 shares in the last quarter. Proathlete Wealth Management LLC bought a new position in shares of Vanguard Small-Cap Growth ETF in the second quarter valued at approximately $26,000. Financial Gravity Companies Inc. purchased a new position in shares of Vanguard Small-Cap Growth ETF during the second quarter valued at approximately $29,000. Blume Capital Management Inc. purchased a new position in shares of Vanguard Small-Cap Growth ETF during the second quarter valued at approximately $30,000. Finally, Delos Wealth Advisors LLC bought a new stake in Vanguard Small-Cap Growth ETF during the second quarter worth $34,000.

Vanguard Small-Cap Growth ETF Price Performance

VBK opened at $309.69 on Wednesday. Vanguard Small-Cap Growth ETF has a 1 year low of $214.77 and a 1 year high of $312.83. The company has a market capitalization of $21.14 billion, a price-to-earnings ratio of 27.57 and a beta of 1.17. The firm’s fifty day moving average price is $301.19 and its two-hundred day moving average price is $292.13.

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. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.