Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) saw an uptick in trading volume on Wednesday . 580,134 shares were traded during trading, an increase of 116% from the previous session’s volume of 268,319 shares.The stock last traded at $257.18 and had previously closed at $258.82.

Vanguard Small-Cap Growth ETF Price Performance

The stock has a market cap of $69.36 billion, a price-to-earnings ratio of 23.69 and a beta of 1.20. The business’s 50 day moving average is $279.45 and its 200 day moving average is $278.39.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Optimum Investment Advisors boosted its stake in Vanguard Small-Cap Growth ETF by 216.7% in the fourth quarter. Optimum Investment Advisors now owns 95 shares of the company’s stock valued at $27,000 after acquiring an additional 65 shares in the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Small-Cap Growth ETF in the 3rd quarter valued at about $26,000. Modus Advisors LLC purchased a new position in Vanguard Small-Cap Growth ETF during the 4th quarter worth approximately $28,000. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Small-Cap Growth ETF during the fourth quarter worth approximately $29,000. Finally, First PREMIER Bank purchased a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $29,000.

About Vanguard Small-Cap Growth ETF

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.