Creative Financial Designs Inc. Expands Investment in Vanguard Extended Market ETF
Creative Financial Designs Inc. ADV has significantly increased its investment in the Vanguard Extended Market ETF (NYSEARCA:VXF). According to a filing with the Securities and Exchange Commission (SEC), the firm raised its stake by an impressive 409.3% during the third quarter. After acquiring an additional 790 shares, Creative Financial Designs Inc. ADV now owns a total of 983 shares in the fund, which were valued at approximately $179,000 at the close of the latest reporting period.
This substantial increase in holdings is part of a broader trend, as several other investment firms have also adjusted their stakes in the Vanguard Extended Market ETF recently. Focus Financial Network Inc. enhanced its holdings by 1.2% in the second quarter and now owns 4,912 shares, valued at $877,000 after adding 57 shares. Chesley Taft & Associates LLC also raised its position by 3.0%, bringing its total to 2,075 shares worth $350,000 after a purchase of 60 shares.
Meanwhile, Chilton Capital Management LLC increased its stake by 0.4% in the first quarter, reaching ownership of 17,180 shares, valued at around $3,011,000 after buying an additional 61 shares. Similarly, Simplicity Wealth LLC boosted its investment by 1.1% in the second quarter with a total of 5,584 shares valued at $942,000 following the acquisition of 62 shares. Quad Cities Investment Group LLC also enhanced its stake by 4.2%, now holding 1,573 shares that are valued at $265,000 after an additional 64 shares were acquired.
Current Performance of Vanguard Extended Market ETF
On Monday, shares of the Vanguard Extended Market ETF opened at $183.83. The fund's 50-day moving average stands at $180.62, while the 200-day moving average is at $174.06. The market capitalization of the fund is approximately $19.74 billion, with a price-to-earnings ratio of 14.96 and a beta of 1.26. Over the past year, the ETF has reached a low of $136.95 and a high of $188.12.
Overview of Vanguard Extended Market ETF
The Vanguard Extended Market ETF is an exchange-traded fund that operates under the Vanguard Extended Market Stock Index Fund. It utilizes a passive management or indexing approach aimed at mirroring the performance of the Standard & Poor’s Completion Index, which encompasses a diverse range of stocks from small and medium-sized companies in the United States.
investment, ETF, stake