Howard Financial Services LTD. Makes New Investment in Vanguard Small-Cap ETF (NYSEARCA:VB)

Howard Financial Services LTD. acquired a new stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,223 shares of the company’s stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC grew its stake in 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 valued at $856,894,000 after purchasing an additional 87,311 shares during the last quarter. Captrust Financial Advisors boosted its position in Vanguard Small-Cap ETF by 3.7% in the third quarter. Captrust Financial Advisors now owns 1,942,941 shares of the company’s stock valued at $460,885,000 after buying an additional 69,830 shares during the last quarter. Creative Planning increased its holdings in Vanguard Small-Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock worth $446,036,000 after buying an additional 10,410 shares during the period. PNC Financial Services Group Inc. raised its position in Vanguard Small-Cap ETF by 1.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,872,168 shares of the company’s stock worth $444,097,000 after buying an additional 20,175 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Vanguard Small-Cap ETF by 2.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,063,389 shares of the company’s stock valued at $252,246,000 after acquiring an additional 25,886 shares during the period.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA VB opened at $248.52 on Friday. Vanguard Small-Cap ETF has a fifty-two week low of $203.33 and a fifty-two week high of $263.35. The firm has a market capitalization of $61.55 billion, a P/E ratio of 14.11 and a beta of 1.17. The stock has a 50-day simple moving average of $249.48 and a two-hundred day simple moving average of $237.16.

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.