SP Asset Management LLC Lowers Position in Vanguard Small-Cap ETF $VB

SP Asset Management LLC cut its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 2.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 106,809 shares of the company’s stock after selling 2,219 shares during the period. Vanguard Small-Cap ETF accounts for about 2.2% of SP Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. SP Asset Management LLC’s holdings in Vanguard Small-Cap ETF were worth $27,159,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in shares of Vanguard Small-Cap ETF by 120.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,016,812 shares of the company’s stock worth $241,687,000 after buying an additional 556,203 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Small-Cap ETF by 26.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,551,461 shares of the company’s stock worth $604,645,000 after purchasing an additional 540,546 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in Vanguard Small-Cap ETF by 84.8% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,078,309 shares of the company’s stock worth $274,193,000 after purchasing an additional 494,886 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Small-Cap ETF during the third quarter valued at approximately $57,363,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Small-Cap ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock valued at $1,226,580,000 after purchasing an additional 215,390 shares during the last quarter.

Vanguard Small-Cap ETF Stock Up 0.7%

Vanguard Small-Cap ETF stock opened at $271.74 on Tuesday. Vanguard Small-Cap ETF has a twelve month low of $190.27 and a twelve month high of $279.85. The company has a market capitalization of $72.73 billion, a P/E ratio of 18.27 and a beta of 1.10. The stock’s 50 day moving average is $265.47 and its 200 day moving average is $256.20.

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.