ETFs

Creative Financial Designs Inc. Expands Investment in Vanguard Extended Market ETF

Published November 4, 2024

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.

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