Finward Bancorp Invests $434,000 in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Finward Bancorp bought a new stake in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the fourth quarter, Holdings Channel.com reports. The fund bought 1,550 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VBK. Optimum Investment Advisors increased its position in shares of 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 buying an additional 65 shares in the last quarter. Modus Advisors LLC acquired a new stake in Vanguard Small-Cap Growth ETF in the 4th quarter valued at $28,000. Murphy & Mullick Capital Management Corp purchased a new stake in Vanguard Small-Cap Growth ETF in the 4th quarter worth $29,000. First PREMIER Bank acquired a new position in Vanguard Small-Cap Growth ETF during the fourth quarter worth $29,000. Finally, Sherman Asset Management Inc. purchased a new position in Vanguard Small-Cap Growth ETF during the fourth quarter valued at $36,000.

Vanguard Small-Cap Growth ETF Stock Up 0.0 %

VBK stock opened at $238.48 on Wednesday. Vanguard Small-Cap Growth ETF has a 52 week low of $214.77 and a 52 week high of $304.59. The firm has a 50-day simple moving average of $260.99 and a 200-day simple moving average of $276.30. The stock has a market capitalization of $64.06 billion, a P/E ratio of 24.89 and a beta of 1.18.

Vanguard Small-Cap Growth ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.4013 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.