Ocean Park Asset Management LLC Invests $30.72 Million in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Ocean Park Asset Management LLC bought a new position in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) during the 4th quarter, Holdings Channel.com reports. The fund bought 109,701 shares of the company’s stock, valued at approximately $30,723,000. Vanguard Small-Cap Growth ETF accounts for 1.0% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds also recently made changes to their positions in VBK. Farmers & Merchants Investments Inc. increased its holdings in shares of Vanguard Small-Cap Growth ETF by 68.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 39 shares during the period. Teachers Insurance & Annuity Association of America bought a new position in shares of Vanguard Small-Cap Growth ETF during the third quarter worth approximately $26,000. Modus Advisors LLC bought a new position in shares of Vanguard Small-Cap Growth ETF during the fourth quarter worth approximately $28,000. First PREMIER Bank bought a new position in shares of Vanguard Small-Cap Growth ETF during the fourth quarter worth approximately $29,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Small-Cap Growth ETF during the 3rd quarter worth approximately $32,000.

Vanguard Small-Cap Growth ETF Trading Up 0.4 %

NYSEARCA VBK opened at $291.48 on Tuesday. The firm has a market capitalization of $19.64 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. The firm’s 50 day simple moving average is $290.08 and its 200 day simple moving average is $275.22. Vanguard Small-Cap Growth ETF has a 1 year low of $233.00 and a 1 year high of $304.59.

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.