Taylor & Morgan Wealth Management LLC Cuts Holdings in Vanguard Small-Cap ETF $VB

Taylor & Morgan Wealth Management LLC decreased its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.5% in the second quarter, HoldingsChannel reports. The firm owned 13,766 shares of the company’s stock after selling 204 shares during the quarter. Vanguard Small-Cap ETF accounts for approximately 2.2% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Taylor & Morgan Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $3,262,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Inlight Wealth Management LLC purchased a new position in Vanguard Small-Cap ETF in the first quarter worth about $25,000. Arjuna Capital purchased a new position in Vanguard Small-Cap ETF in the first quarter worth about $26,000. West Branch Capital LLC grew its position in Vanguard Small-Cap ETF by 384.6% in the first quarter. West Branch Capital LLC now owns 126 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Vanguard Small-Cap ETF in the first quarter worth about $30,000. Finally, Evergreen Private Wealth LLC purchased a new position in Vanguard Small-Cap ETF in the first quarter worth about $31,000.

Vanguard Small-Cap ETF Trading Down 1.1%

VB opened at $255.41 on Friday. The firm has a market cap of $68.20 billion, a P/E ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a 12 month low of $190.27 and a 12 month high of $263.35. The stock has a 50-day moving average of $246.62 and a 200 day moving average of $232.07.

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.