Mather Group LLC Reduces Stake in Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG)

Mather Group LLC has significantly reduced its stake in the Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG), decreasing its holdings by 54.9% during the third quarter of the year. As disclosed in their recent filing with the SEC, the firm now owns 836 shares of the ETF after selling 1,018 shares during this period. The value of Mather Group LLC's holdings in the Vanguard S&P Small-Cap 600 Growth ETF stood at approximately $100,000 by the end of the latest quarter.

In addition to Mather Group LLC's transaction, other institutional investors have also adjusted their positions in the Vanguard S&P Small-Cap 600 Growth ETF. For instance, Sunbelt Securities Inc. increased its stake by a remarkable 1,394.4% in the first quarter, now holding 269 shares valued at $30,000 after acquiring an additional 251 shares in the recent quarter. Furthermore, Eagle Bay Advisors LLC entered the market by purchasing a new position worth about $36,000 during the first quarter.

Other notable movements include Salomon & Ludwin LLC, which bought a new position valued at $70,000, and International Assets Investment Management LLC, which acquired a stake worth $76,000 in the second quarter. Valmark Advisers Inc. also joined the ranks of investors, establishing a new stake in Vanguard S&P Small-Cap 600 Growth ETF in the second quarter with an investment valued at $239,000.

Performance of Vanguard S&P Small-Cap 600 Growth ETF

As of Friday, shares of the Vanguard S&P Small-Cap 600 Growth ETF opened at $119.52. The ETF has a 50-day simple moving average of $116.42 and a 200-day simple moving average of $113.25. With a market capitalization of $908.35 million, the ETF has a price-to-earnings ratio of 7.05 and a beta of 1.16. Over the past year, the ETF has experienced a low of $88.41 and a high of $123.75, indicating its volatility and potential for growth.

Understanding Vanguard S&P Small-Cap 600 Growth ETF

The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) is an exchange-traded fund designed to track the performance of the S&P Small-Cap 600 Growth index. This index consists of US small-cap companies that exhibit strong growth characteristics. The VIOG ETF was launched on September 7, 2010, and is managed by Vanguard, a well-known investment management company.

Mather, Stake, Vanguard