IAG Wealth Partners LLC Doubles Its Stakes in Vanguard Small-Cap Growth ETF

In a significant boost to their investment portfolio, IAG Wealth Partners LLC has effectively doubled their holdings in Vanguard Small-Cap Growth ETF (VBK), as reported by Holdings Channel. During the second quarter, the acquisition surged by 101.3%, taking their total ownership to 161 shares, thanks to the addition of 81 new shares within this period. This bold move left IAG Wealth Partners LLC's investment in VBK valued at approximately $37,000 by the end of the most recent quarter.

Active Movements Among Other Investors

Notably, it was not just IAG Wealth Partners who found value in accumulating shares of VBK. GPS Wealth Strategies Group LLC also raised its stake by a notable 105.7% within the second quarter, holding 109 shares valued at $25,000 after the purchase of an additional 56 shares. Goodwin Investment Advisory, increasing its shares by 80.9% in the prior first quarter, acquired a total of 123 shares valued at $27,000. During the same timeframe, Global Wealth Strategies & Associates made a considerable leap of 210.9%, now owning 143 shares with an estimated value of $33,000. Ancora Advisors LLC enhanced its ownership by 49.5% in the first quarter, reaching a total of 154 shares worth $33,000 post-acquisition. Lastly, a new position was initiated by CoreFirst Bank & Trust in the fourth quarter, with a significant investment valued at $60,000 in VBK.

Market Status of Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF found its shares opening at $216.59 recently. The ETF has experienced fluctuations within the market, demonstrating a 12-month low of $195.04 and peaking at a 12-month high of $240.76. With a market capitalization of $13.38 billion, a price-to-earnings ratio of 21.90 and a beta of 1.14, VBK portrays a steady investment prospect. Additionally, a simple moving average over fifty days is observed at $210.35, while the longer 200-day simple moving average stands at $220.15.

About Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF operates as an exchange-traded class of Vanguard Small-Cap Growth Index Fund, following a passive management strategy aimed at mirroring the performance of the MSCI US Small Cap Growth Index. This Index covers a diversified range of growth-oriented stocks from smaller American companies.

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