Vanguard Small-Cap ETF (NYSEARCA:VB) Sets New 52-Week High – Here’s Why

Vanguard Small-Cap ETF (NYSEARCA:VB)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $257.75 and last traded at $257.69, with a volume of 345982 shares changing hands. The stock had previously closed at $253.78.

Vanguard Small-Cap ETF Stock Up 1.6 %

The firm has a fifty day moving average of $240.92 and a 200-day moving average of $229.58. The firm has a market cap of $63.83 billion, a P/E ratio of 14.11 and a beta of 1.17.

Hedge Funds Weigh In On Vanguard Small-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VB. Envestnet Asset Management Inc. raised its stake in Vanguard Small-Cap ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after buying an additional 313,316 shares during the period. LPL Financial LLC increased its holdings in shares of Vanguard Small-Cap ETF by 2.5% during the 3rd quarter. LPL Financial LLC now owns 3,612,385 shares of the company’s stock worth $856,894,000 after acquiring an additional 87,311 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Vanguard Small-Cap ETF by 8.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock valued at $473,335,000 after acquiring an additional 176,660 shares during the period. Captrust Financial Advisors lifted its holdings in Vanguard Small-Cap ETF by 3.7% during the 3rd quarter. Captrust Financial Advisors now owns 1,942,941 shares of the company’s stock valued at $460,885,000 after purchasing an additional 69,830 shares during the last quarter. Finally, Creative Planning boosted its position in Vanguard Small-Cap ETF by 0.6% during the third quarter. Creative Planning now owns 1,880,342 shares of the company’s stock worth $446,036,000 after purchasing an additional 10,410 shares during the period.

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.