Summit Financial LLC Reduces Holdings in Vanguard Extended Market ETF (NYSEARCA:VXF)

Summit Financial LLC cut its position in Vanguard Extended Market ETF (NYSEARCA:VXF) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,588 shares of the company’s stock after selling 1,216 shares during the quarter. Summit Financial LLC’s holdings in Vanguard Extended Market ETF were worth $2,961,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VXF. Golden State Wealth Management LLC purchased a new position in Vanguard Extended Market ETF in the 4th quarter valued at about $25,000. Rialto Wealth Management LLC purchased a new stake in shares of Vanguard Extended Market ETF during the fourth quarter worth about $31,000. Fiduciary Advisors Inc. acquired a new position in shares of Vanguard Extended Market ETF in the fourth quarter worth about $33,000. FSA Wealth Management LLC purchased a new position in Vanguard Extended Market ETF in the third quarter valued at about $36,000. Finally, Pineridge Advisors LLC acquired a new stake in Vanguard Extended Market ETF during the 4th quarter valued at approximately $38,000.

Vanguard Extended Market ETF Stock Down 0.4 %

Shares of VXF opened at $172.26 on Tuesday. The firm has a market cap of $101.35 billion, a price-to-earnings ratio of 17.73 and a beta of 1.19. The business’s 50 day moving average is $188.64 and its two-hundred day moving average is $190.41. Vanguard Extended Market ETF has a 52-week low of $159.39 and a 52-week high of $207.77.

Vanguard Extended Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.6125 dividend. The ex-dividend date was Tuesday, March 25th. This is a boost from Vanguard Extended Market ETF’s previous dividend of $0.55.

About Vanguard Extended Market ETF

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies.