Red Wave Investments LLC Sells 1,231 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Red Wave Investments LLC reduced its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,870 shares of the company’s stock after selling 1,231 shares during the period. Vanguard Small-Cap ETF makes up about 3.9% of Red Wave Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Red Wave Investments LLC’s holdings in Vanguard Small-Cap ETF were worth $11,022,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in VB. Tanglewood Legacy Advisors LLC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at $25,000. Atwood & Palmer Inc. purchased a new position in Vanguard Small-Cap ETF in the 4th quarter valued at about $32,000. Roxbury Financial LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the fourth quarter valued at about $32,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Vanguard Small-Cap ETF during the third quarter worth about $37,000. Finally, Loomis Sayles & Co. L P lifted its stake in shares of Vanguard Small-Cap ETF by 305.3% in the third quarter. Loomis Sayles & Co. L P now owns 154 shares of the company’s stock worth $37,000 after acquiring an additional 116 shares in the last quarter.

Vanguard Small-Cap ETF Stock Down 2.6 %

Shares of NYSEARCA VB opened at $239.61 on Friday. Vanguard Small-Cap ETF has a fifty-two week low of $209.81 and a fifty-two week high of $263.35. The business has a 50 day moving average price of $246.00 and a two-hundred day moving average price of $241.50. The firm has a market cap of $59.34 billion, a PE ratio of 14.11 and a beta of 1.17.

Vanguard Small-Cap ETF 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.