Sovereign Financial Group Inc. Buys 2,282 Shares of Vanguard Small-Cap ETF $VB

Sovereign Financial Group Inc. lifted its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 7.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 31,898 shares of the company’s stock after purchasing an additional 2,282 shares during the quarter. Vanguard Small-Cap ETF accounts for about 1.5% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 15th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Small-Cap ETF were worth $8,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in VB. Field & Main Bank increased its position in shares of Vanguard Small-Cap ETF by 6.9% in the fourth quarter. Field & Main Bank now owns 36,334 shares of the company’s stock valued at $9,372,000 after acquiring an additional 2,333 shares during the last quarter. BIP Wealth LLC raised its holdings in Vanguard Small-Cap ETF by 7.4% during the fourth quarter. BIP Wealth LLC now owns 29,729 shares of the company’s stock worth $7,669,000 after acquiring an additional 2,051 shares in the last quarter. Dunhill Financial LLC boosted its position in Vanguard Small-Cap ETF by 12.9% during the fourth quarter. Dunhill Financial LLC now owns 57,382 shares of the company’s stock valued at $14,661,000 after purchasing an additional 6,569 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Vanguard Small-Cap ETF by 6.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 79,687 shares of the company’s stock valued at $20,555,000 after purchasing an additional 4,995 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in Vanguard Small-Cap ETF by 5.2% in the third quarter. Captrust Financial Advisors now owns 2,513,129 shares of the company’s stock valued at $639,038,000 after purchasing an additional 124,673 shares in the last quarter.

Vanguard Small-Cap ETF Stock Up 0.3%

VB stock opened at $297.27 on Tuesday. The company has a market cap of $80.33 billion, a price-to-earnings ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a twelve month low of $229.04 and a twelve month high of $301.41. The business has a 50 day moving average price of $287.70 and a two-hundred day moving average price of $275.07.

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.