Financial Advisors Network Inc. Has $903,000 Holdings in Vanguard Small-Cap ETF $VB

Financial Advisors Network Inc. lessened its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 2.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,074 shares of the company’s stock after selling 115 shares during the period. Financial Advisors Network Inc.’s holdings in Vanguard Small-Cap ETF were worth $903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lincoln Capital LLC raised its holdings in Vanguard Small-Cap ETF by 56.0% during the 1st quarter. Lincoln Capital LLC now owns 3,261 shares of the company’s stock worth $677,000 after buying an additional 1,171 shares during the period. RWA Wealth Partners LLC raised its holdings in Vanguard Small-Cap ETF by 5.8% during the 1st quarter. RWA Wealth Partners LLC now owns 38,236 shares of the company’s stock worth $8,479,000 after buying an additional 2,107 shares during the period. Sensible Money LLC raised its holdings in Vanguard Small-Cap ETF by 11.5% during the 1st quarter. Sensible Money LLC now owns 1,183 shares of the company’s stock worth $262,000 after buying an additional 122 shares during the period. Wellington Management Group LLP raised its holdings in Vanguard Small-Cap ETF by 59.3% during the 1st quarter. Wellington Management Group LLP now owns 1,465,767 shares of the company’s stock worth $325,034,000 after buying an additional 545,614 shares during the period. Finally, Sand Hill Global Advisors LLC raised its holdings in Vanguard Small-Cap ETF by 16.2% during the 1st quarter. Sand Hill Global Advisors LLC now owns 43,606 shares of the company’s stock worth $9,670,000 after buying an additional 6,074 shares during the period.

Vanguard Small-Cap ETF Trading Down 0.3%

NYSEARCA VB opened at $246.05 on Monday. The stock’s 50-day moving average price is $239.97 and its two-hundred day moving average price is $231.18. The company has a market cap of $65.70 billion, a PE ratio of 18.27 and a beta of 1.14. 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.