ETFs

Mather Group LLC Reduces Stake in Vanguard S&P Small-Cap 600 Growth ETF

Published October 13, 2024

Mather Group LLC has reduced its investment in the Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG) by 54.9% during the third quarter, as indicated by their latest disclosure to the SEC. After selling off 1,018 shares, the firm currently holds 836 shares of the ETF, which were valued at approximately $100,000 at the close of the quarter.

Other institutional investors and hedge funds have made various adjustments to their positions in the Vanguard S&P Small-Cap 600 Growth ETF as well. For instance, Sunbelt Securities Inc. significantly increased its stake by 1,394.4% in the first quarter, now owning 269 shares worth around $30,000 after acquiring an additional 251 shares. In addition, Eagle Bay Advisors LLC entered a new investment in the ETF during the first quarter, valued at about $36,000. Salomon & Ludwin LLC also took a new position in the ETF in the first quarter, with a value of approximately $70,000. Furthermore, International Assets Investment Management LLC and Valmark Advisers Inc. made new investments valued at $76,000 and $239,000, respectively, during the second quarter.

Performance of Vanguard S&P Small-Cap 600 Growth ETF

The Vanguard S&P Small-Cap 600 Growth ETF saw an increase of 1.8% recently, opening at $119.52. The ETF has a 50-day simple moving average of $116.42 and a 200-day simple moving average of $113.25. It boasts a market capitalization of $908.35 million and a price-to-earnings ratio of 7.05, with a beta value of 1.16. Over the past year, the stock has reached a low of $88.41 and a high of $123.75.

Overview of Vanguard S&P Small-Cap 600 Growth ETF

The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) is an exchange-traded fund that aims to track the performance of the S&P Small Cap 600 Growth Index. This index is made up of US small-cap companies that exhibit strong growth potential. The ETF was launched on September 7, 2010, and is managed by Vanguard.

Additional Insights

Investors may want to consider various options apart from the Vanguard S&P Small-Cap 600 Growth ETF. Market analysts often recommend looking into diversified investment strategies or exploring other stocks that may offer favorable growth conditions in the current market landscape.

MatherGroup, VIOG, investment