Richardson Financial Services Inc. Makes New Investment in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Richardson Financial Services Inc. bought a new stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 4th quarter, HoldingsChannel reports. The fund bought 8,980 shares of the company’s stock, valued at approximately $2,171,000. Vanguard Small-Cap Growth ETF comprises 1.9% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Creekmur Asset Management LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter worth $55,000. ARK & TLK Investments LLC bought a new stake in Vanguard Small-Cap Growth ETF during the 4th quarter valued at about $369,000. Goldman Sachs Group Inc. grew its stake in Vanguard Small-Cap Growth ETF by 244.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 300,941 shares of the company’s stock worth $72,759,000 after acquiring an additional 213,588 shares in the last quarter. Pineridge Advisors LLC purchased a new position in shares of Vanguard Small-Cap Growth ETF during the fourth quarter worth approximately $28,000. Finally, Bbjs Financial Advisors LLC raised its stake in shares of Vanguard Small-Cap Growth ETF by 2.4% during the fourth quarter. Bbjs Financial Advisors LLC now owns 62,614 shares of the company’s stock valued at $15,138,000 after acquiring an additional 1,477 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Performance

VBK traded down $3.20 during trading on Friday, hitting $246.93. 185,837 shares of the stock were exchanged, compared to its average volume of 302,444. The firm has a 50 day simple moving average of $249.13 and a 200 day simple moving average of $245.22. The firm has a market cap of $16.64 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 1 year low of $195.63 and a 1 year high of $262.09.

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.