McAdam LLC Reduces Position in Vanguard Small-Cap ETF $VB

McAdam LLC cut its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 7.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,966 shares of the company’s stock after selling 4,116 shares during the quarter. Vanguard Small-Cap ETF comprises approximately 0.7% of McAdam LLC’s investment portfolio, making the stock its 23rd biggest holding. McAdam LLC’s holdings in Vanguard Small-Cap ETF were worth $11,745,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VB. Wit LLC boosted its holdings in Vanguard Small-Cap ETF by 254,243.2% in the first quarter. Wit LLC now owns 2,248,394 shares of the company’s stock valued at $498,581,000 after purchasing an additional 2,247,510 shares during the last quarter. Royal Bank of Canada boosted its holdings in Vanguard Small-Cap ETF by 68.3% in the first quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after purchasing an additional 2,018,325 shares during the last quarter. Auto Owners Insurance Co boosted its holdings in Vanguard Small-Cap ETF by 2,616.7% in the first quarter. Auto Owners Insurance Co now owns 912,750 shares of the company’s stock valued at $202,402,000 after purchasing an additional 879,152 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Vanguard Small-Cap ETF by 165,430.2% in the first quarter. GAMMA Investing LLC now owns 680,329 shares of the company’s stock valued at $150,863,000 after purchasing an additional 679,918 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Vanguard Small-Cap ETF by 59.3% in the first quarter. Wellington Management Group LLP now owns 1,465,767 shares of the company’s stock valued at $325,034,000 after purchasing an additional 545,614 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA:VB opened at $255.12 on Wednesday. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $263.35. The firm has a market cap of $68.12 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14. The firm’s fifty day moving average is $245.84 and its two-hundred day moving average is $231.71.

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.