Fonville Wealth Management LLC Grows Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Fonville Wealth Management LLC grew its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,768 shares of the company’s stock after acquiring an additional 593 shares during the quarter. Vanguard Small-Cap ETF accounts for 3.1% of Fonville Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Fonville Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $7,814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Vanguard Small-Cap ETF in the fourth quarter worth $26,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Small-Cap ETF in the second quarter worth $27,000. Signature Resources Capital Management LLC purchased a new position in shares of Vanguard Small-Cap ETF in the fourth quarter worth $31,000. Tucker Asset Management LLC purchased a new position in shares of Vanguard Small-Cap ETF in the fourth quarter worth $33,000. Finally, ORG Partners LLC purchased a new position in shares of Vanguard Small-Cap ETF in the second quarter worth $41,000.

Vanguard Small-Cap ETF Stock Performance

Shares of VB stock traded up $1.45 during mid-day trading on Friday, hitting $233.42. The company’s stock had a trading volume of 389,885 shares, compared to its average volume of 695,877. Vanguard Small-Cap ETF has a 52-week low of $174.84 and a 52-week high of $236.96. The business has a 50-day moving average price of $224.53 and a 200 day moving average price of $221.58. The stock has a market cap of $57.81 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17.

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.