David Kennon Inc Trims Holdings in Vanguard Small-Cap ETF (NYSEARCA:VB)

David Kennon Inc lessened its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 2.4% in the 1st quarter, Holdings Channel reports. The firm owned 48,526 shares of the company’s stock after selling 1,207 shares during the period. Vanguard Small-Cap ETF accounts for approximately 4.3% of David Kennon Inc’s investment portfolio, making the stock its 6th biggest holding. David Kennon Inc’s holdings in Vanguard Small-Cap ETF were worth $10,761,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter valued at about $529,562,000. Brooklyn FI LLC lifted its stake in shares of Vanguard Small-Cap ETF by 6,309.1% during the 4th quarter. Brooklyn FI LLC now owns 1,522,919 shares of the company’s stock worth $374,651,000 after buying an additional 1,499,157 shares during the last quarter. Royal Bank of Canada lifted its position in Vanguard Small-Cap ETF by 83.6% during the fourth quarter. Royal Bank of Canada now owns 2,954,198 shares of the company’s stock worth $709,834,000 after acquiring an additional 1,345,357 shares during the last quarter. Proficio Capital Partners LLC grew its position in shares of Vanguard Small-Cap ETF by 24,531.6% in the fourth quarter. Proficio Capital Partners LLC now owns 1,349,073 shares of the company’s stock valued at $324,155,000 after purchasing an additional 1,343,596 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Vanguard Small-Cap ETF by 165,430.2% during the first quarter. GAMMA Investing LLC now owns 680,329 shares of the company’s stock worth $150,863,000 after purchasing an additional 679,918 shares during the period.

Vanguard Small-Cap ETF Trading Up 0.1%

NYSEARCA:VB opened at $231.54 on Monday. The stock has a market cap of $229.68 billion, a P/E ratio of 18.82 and a beta of 1.08. The stock has a 50 day simple moving average of $224.14 and a 200 day simple moving average of $232.55. Vanguard Small-Cap ETF has a 1-year low of $190.27 and a 1-year high of $263.35.

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.