Founders Financial Securities LLC Buys 30,954 Shares of Vanguard Extended Market ETF $VXF

Founders Financial Securities LLC bought a new position in Vanguard Extended Market ETF (NYSEARCA:VXF) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 30,954 shares of the company’s stock, valued at approximately $7,170,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in Vanguard Extended Market ETF by 4.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,451,442 shares of the company’s stock valued at $1,095,990,000 after acquiring an additional 206,096 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Extended Market ETF by 19.7% in the 1st quarter. Bank of America Corp DE now owns 2,254,629 shares of the company’s stock worth $464,003,000 after buying an additional 370,713 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Vanguard Extended Market ETF by 0.8% during the 1st quarter. Fifth Third Bancorp now owns 1,404,888 shares of the company’s stock valued at $289,126,000 after buying an additional 11,171 shares during the period. Assetmark Inc. boosted its stake in shares of Vanguard Extended Market ETF by 4.9% during the 1st quarter. Assetmark Inc. now owns 1,282,644 shares of the company’s stock valued at $263,968,000 after buying an additional 59,568 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Vanguard Extended Market ETF by 9.8% during the 1st quarter. Royal Bank of Canada now owns 1,073,521 shares of the company’s stock valued at $220,931,000 after buying an additional 95,595 shares during the period.

Vanguard Extended Market ETF Stock Up 0.8%

Vanguard Extended Market ETF stock opened at $235.43 on Friday. The company’s fifty day simple moving average is $235.98 and its 200-day simple moving average is $228.91. Vanguard Extended Market ETF has a 12 month low of $195.90 and a 12 month high of $250.75. The stock has a market cap of $30.68 billion, a P/E ratio of 19.00 and a beta of 1.14.

About Vanguard Extended Market ETF

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies. The Index contains all of the United States common stocks regularly traded on the New York and American Stock Exchanges, and the Nasdaq over-the-counter market, except those stocks included in the Standard & Poor’s 500 Index.