Cornerstone Wealth Management LLC Reduces Stake in Vanguard Small-Cap ETF (NYSEARCA:VB)

Cornerstone Wealth Management LLC reduced its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,083 shares of the company’s stock after selling 682 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $4,010,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VB. Jones Financial Companies Lllp boosted its position in Vanguard Small-Cap ETF by 1.7% during the fourth quarter. Jones Financial Companies Lllp now owns 7,332,914 shares of the company’s stock worth $1,761,953,000 after purchasing an additional 119,060 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Vanguard Small-Cap ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 5,672,249 shares of the company’s stock valued at $1,362,928,000 after buying an additional 542,548 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Small-Cap ETF by 1.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,260,755 shares of the company’s stock worth $1,264,054,000 after buying an additional 52,024 shares during the period. LPL Financial LLC grew its stake in Vanguard Small-Cap ETF by 4.9% in the 4th quarter. LPL Financial LLC now owns 3,789,323 shares of the company’s stock valued at $910,498,000 after buying an additional 176,938 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Vanguard Small-Cap ETF by 83.6% in the 4th quarter. Royal Bank of Canada now owns 2,954,198 shares of the company’s stock valued at $709,834,000 after buying an additional 1,345,357 shares in the last quarter.

Vanguard Small-Cap ETF Price Performance

NYSEARCA:VB opened at $230.16 on Wednesday. Vanguard Small-Cap ETF has a 1 year low of $190.27 and a 1 year high of $263.35. The stock’s fifty day moving average price is $222.67 and its two-hundred day moving average price is $233.32. The company has a market cap of $228.31 billion, a P/E ratio of 18.82 and a beta of 1.08.

Vanguard Small-Cap ETF Company Profile

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.