Vanguard Small-Cap Growth ETF Sees $210 Million Outflow

In ETF news this week, the Vanguard Small-Cap Growth ETF (Symbol: VBK) experienced a significant outflow of approximately $210 million, marking a 1.2% decrease in shares outstanding—from 69,209,351 to 68,380,899. This trend reflects changing investor sentiment and market conditions.

Key Movements Among VBK Holdings

Today, several major components of VBK also saw movement. Liberty Media Corp (Symbol: FWONK) rose about 1.6%, Lennox International Inc (Symbol: LII) increased by approximately 1%, and Nutanix Inc (Symbol: NTNX) gained around 1.2%. Each of these companies plays a vital role in the ETF’s overall performance.

Performance Overview

The one-year price performance of VBK, in comparison to its 200-day moving average, is illustrated in the chart below:

VBK’s 52-week low sits at $214.77 per share, while its high is $304.59, with the latest trade recorded at $256.00. Analyzing the recent share price against the 200-day moving average offers insights into potential trends in the ETF’s performance.

Understanding ETF Trading Dynamics

Exchange-traded funds (ETFs) function similarly to stocks, with investors buying and selling “units” rather than traditional shares. These units can be traded like stocks but can also be created or destroyed based on investor demand. Our weekly analysis of share outstanding changes helps identify ETFs with notable inflows or outflows. Creation of new units typically necessitates purchasing the underlying holdings, while the destruction of units involves selling off those holdings. Thus, significant flows can also impact the individual stocks within the ETF.

For more insights, you can explore other ETFs that have experienced significant outflows this week.

Additional Resources:

• ADMS shares outstanding history
• LSDI shares outstanding history
• RFP Videos

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.