Investment firm One Day In July LLC has enhanced its stake in the Vanguard Small-Cap Growth ETF (NYSEARCA: VBK) by 7.2% during the third quarter of 2023. According to the firm’s recent 13F filing with the Securities and Exchange Commission (SEC), One Day In July LLC now owns 121,100 shares, having acquired an additional 8,091 shares during this period. This investment represents about 3.0% of the company’s total portfolio, positioning the ETF as the firm’s 11th largest holding.
At the end of the most recent reporting period, One Day In July LLC’s holdings in the Vanguard Small-Cap Growth ETF were valued at approximately $36,042,000, accounting for 0.18% of the ETF. This move reflects a broader trend among institutional investors, many of whom have also adjusted their positions in the ETF recently.
Other Institutional Investments in Vanguard ETF
In addition to One Day In July LLC, several other prominent investors have made significant changes to their holdings in the Vanguard Small-Cap Growth ETF. Cerity Partners LLC increased its position by 7.5% in the third quarter, now owning 38,710 shares valued at about $11,521,000 after purchasing an additional 2,709 shares.
Similarly, Mechanics Bank Trust Department raised its stake by 22.2%, acquiring 6,939 shares to reach a total of 38,129 shares worth approximately $11,348,000. B. Riley Wealth Advisors Inc. has also entered the fray, acquiring a new position in the ETF valued at around $5,436,000 during the second quarter.
Furthermore, Brookstone Capital Management boosted its position by a remarkable 115.8%, now owning 9,677 shares valued at $2,880,000 after purchasing an additional 5,192 shares. Finally, Thoroughbred Financial Services LLC grew its holdings by 62.6% in the second quarter, owning 1,563 shares valued at $432,000.
Current Performance of Vanguard Small-Cap Growth ETF
As of the latest trading session, shares of the Vanguard Small-Cap Growth ETF opened at $322.34. The ETF has experienced a 50-day moving average price of $303.75 and a 200-day moving average price of $296.36. Over the past year, the ETF recorded a low of $214.77 and a high of $323.70. It currently boasts a market capitalization of $22.04 billion, a price-to-earnings (P/E) ratio of 27.57, and a beta of 1.17.
The Vanguard Small-Cap Growth ETF is designed to track the performance of the MSCI US Small Cap Growth Index, which is a diversified index of growth stocks from smaller U.S. companies. The ETF aims to replicate the index by investing substantially all of its assets in the underlying stocks, holding each in a proportion reflective of its weighting in the index.
For more insights into institutional holdings and the latest developments regarding the Vanguard Small-Cap Growth ETF, interested parties can visit HoldingsChannel.com for comprehensive 13F filings and insider trades.
