Vanguard Small-Cap ETF (NYSEARCA:VB) Sets New 12-Month High – Here’s Why

Vanguard Small-Cap ETF (NYSEARCA:VB) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $242.93 and last traded at $242.46, with a volume of 53008 shares. The stock had previously closed at $242.40.

Vanguard Small-Cap ETF Stock Down 0.2 %

The stock has a market cap of $59.89 billion, a PE ratio of 14.11 and a beta of 1.17. The stock’s fifty day moving average price is $231.22 and its 200 day moving average price is $224.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VB. CHB Investment Group LLC purchased a new position in shares of Vanguard Small-Cap ETF during the third quarter valued at approximately $1,554,000. Ellenbecker Investment Group raised its stake in Vanguard Small-Cap ETF by 4.0% during the 3rd quarter. Ellenbecker Investment Group now owns 257,993 shares of the company’s stock valued at $61,199,000 after buying an additional 9,810 shares during the last quarter. Addison Capital Co raised its stake in Vanguard Small-Cap ETF by 70.0% during the 3rd quarter. Addison Capital Co now owns 4,188 shares of the company’s stock valued at $993,000 after buying an additional 1,725 shares during the last quarter. Sax Wealth Advisors LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 15.0% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,098 shares of the company’s stock valued at $1,921,000 after buying an additional 1,055 shares during the period. Finally, Kozak & Associates Inc. purchased a new position in shares of Vanguard Small-Cap ETF in the 3rd quarter worth $34,000.

About Vanguard Small-Cap ETF

The Vanguard Small-Cap ETF (VB) is an exchange-traded fund that is based on the CRSP US Small Cap index. The fund tracks the CRSP US Small Cap Index. The market-cap-weighted index includes the bottom 2-15% of the investable universe. VB was launched on Jan 26, 2004 and is managed by Vanguard.