5 Growth ETFs to Buy Now

3. Vanguard Small Cap Growth Index Fund (NYSE:VBK)

Vanguard Small Cap Growth Index Fund (NYSE:VBK) is an exchange traded fund that invests at least 80% of net assets in companies on the CRSP US Small Cap Growth Index. The index comprises small-cap firms in the US that exhibit growth characteristics. 

One of the biggest holdings of the Vanguard Small Cap Growth Index Fund (NYSE:VBK) is Avantor, Inc. (NYSE:AVTR), a chemicals and materials firm. Among the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm Viking Global is a leading shareholder in Avantor, Inc. (NYSE:AVTR) with 8.7 million shares worth more than $370 million. 

In its Q3 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Avantor, Inc. (NYSE:AVTR) was one of them. Here is what the fund said:

“Avantor, Inc. (NYSE:AVTR), which distributes proprietary, higher-margin consumables products to life science research companies, has benefited from accretive research & development as well as paying down debt, which has contributed to increased margins and strong stock performance.”