Brookstone Capital Management Reduces Stake in Vanguard Small-Cap Growth ETF

Brookstone Capital Management has significantly decreased its investment in the Vanguard Small-Cap Growth ETF (NYSEARCA:VBK). According to recent reports, the firm reduced its stake by an impressive 71.9% during the third quarter of the fiscal year.

After selling 11,609 shares within that timeframe, Brookstone Capital Management now holds 4,545 shares of the ETF. Their total investment in Vanguard Small-Cap Growth ETF is valued at approximately $1,215,000, based on the most recent filings with the Securities and Exchange Commission (SEC).

Several other hedge funds have recently made adjustments to their positions in VBK as well. For example, FinTrust Capital Advisors LLC has notably increased its stake in the ETF by 194.1% during the first quarter, now owning 100 shares valued at $26,000. Similarly, Pineridge Advisors LLC acquired a new stake in VBK last quarter, estimated at about $28,000.

In addition to these transactions, Motco also established a new position in the Vanguard Small-Cap Growth ETF during the first quarter, valued at around $28,000. Webster Bank N.A. raised its holdings by 142.1% in the second quarter, acquiring 138 shares worth approximately $35,000 after adding 81 shares over the last quarter.

Finally, GAMMA Investing LLC has entered the Vanguard Small-Cap Growth ETF arena with a new position worth about $36,000 during the first quarter.

Vanguard Small-Cap Growth ETF Performance

As of the latest trading session, Vanguard Small-Cap Growth ETF has experienced a slight increase of 1.8%. The stock opened at $272.06 on Friday. Its recent performance shows a 50-day moving average of $257.95 and a 200-day moving average of $253.84. With a market capitalization of $18.33 billion, the ETF has a price-to-earnings (PE) ratio of 23.60 and a beta of 1.31. Over the past year, it has recorded a low of $195.63 and reached a high of $272.06.

Understanding Vanguard Small-Cap Growth ETF

The Vanguard Small-Cap Growth ETF, also referred to as the Fund, is an exchange-traded class under the Vanguard Small-Cap Growth Index Fund. This ETF employs a passive management strategy aiming to replicate the performance of the MSCI US Small Cap Growth Index, which encompasses a diverse range of growth stocks from smaller companies based in the United States.

In conclusion, the recent moves by Brookstone Capital Management and other hedge funds highlight the ongoing adjustments in investment strategies surrounding the Vanguard Small-Cap Growth ETF. As the market continues to evolve, these strategies will be crucial for maintaining competitive positions in the investment landscape.

investment, stocks, ETF