Royal Bank of Canada Cuts Stock Position in Vanguard Small-Cap Growth ETF $VBK

Royal Bank of Canada cut its position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 1.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 293,554 shares of the company’s stock after selling 4,096 shares during the quarter. Royal Bank of Canada owned approximately 0.44% of Vanguard Small-Cap Growth ETF worth $88,726,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its position in shares of Vanguard Small-Cap Growth ETF by 2.7% in the 4th quarter. Bank of America Corp DE now owns 10,257,972 shares of the company’s stock worth $3,099,036,000 after buying an additional 268,570 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Small-Cap Growth ETF by 100.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,924,932 shares of the company’s stock worth $533,099,000 after acquiring an additional 966,444 shares in the last quarter. Assetmark Inc. lifted its position in Vanguard Small-Cap Growth ETF by 2.8% during the first quarter. Assetmark Inc. now owns 1,609,318 shares of the company’s stock valued at $486,416,000 after acquiring an additional 44,440 shares during the last quarter. Sei Investments Co. lifted its position in Vanguard Small-Cap Growth ETF by 1.6% during the first quarter. Sei Investments Co. now owns 984,721 shares of the company’s stock valued at $297,629,000 after acquiring an additional 15,564 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Vanguard Small-Cap Growth ETF by 1.1% in the fourth quarter. LPL Financial LLC now owns 909,819 shares of the company’s stock valued at $274,865,000 after acquiring an additional 9,979 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Down 0.3%

Shares of VBK opened at $340.46 on Friday. The company has a 50 day moving average of $351.15 and a two-hundred day moving average of $331.45. Vanguard Small-Cap Growth ETF has a twelve month low of $273.57 and a twelve month high of $366.86. The company has a market cap of $23.10 billion, a price-to-earnings ratio of 27.57 and a beta of 1.16.

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.