Merit Financial Group LLC Purchases 43,242 Shares of Vanguard Extended Market ETF (NYSEARCA:VXF)

Merit Financial Group LLC grew its position in Vanguard Extended Market ETF (NYSEARCA:VXF) by 60.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,227 shares of the company’s stock after purchasing an additional 43,242 shares during the quarter. Vanguard Extended Market ETF makes up about 0.6% of Merit Financial Group LLC’s investment portfolio, making the stock its 29th largest holding. Merit Financial Group LLC’s holdings in Vanguard Extended Market ETF were worth $18,781,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. boosted its position in shares of Vanguard Extended Market ETF by 9.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,594 shares of the company’s stock worth $262,000 after purchasing an additional 132 shares during the period. Aveo Capital Partners LLC boosted its position in shares of Vanguard Extended Market ETF by 15.7% during the fourth quarter. Aveo Capital Partners LLC now owns 4,986 shares of the company’s stock worth $820,000 after acquiring an additional 678 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. boosted its position in shares of Vanguard Extended Market ETF by 3.0% during the fourth quarter. Beacon Harbor Wealth Advisors Inc. now owns 128,413 shares of the company’s stock worth $21,114,000 after acquiring an additional 3,718 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Vanguard Extended Market ETF by 4.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 202,459 shares of the company’s stock worth $33,288,000 after acquiring an additional 9,480 shares during the last quarter. Finally, Heritage Wealth Management LLC bought a new position in shares of Vanguard Extended Market ETF during the fourth quarter worth $299,000.

Vanguard Extended Market ETF Trading Up 0.8 %

Shares of NYSEARCA:VXF traded up $1.35 during midday trading on Friday, reaching $168.48. 196,681 shares of the company were exchanged, compared to its average volume of 365,681. The business’s fifty day moving average is $169.36 and its two-hundred day moving average is $159.70. Vanguard Extended Market ETF has a one year low of $131.80 and a one year high of $176.20. The stock has a market cap of $18.09 billion, a PE ratio of 14.96 and a beta of 1.26.

About Vanguard Extended Market ETF

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies.