Peirce Capital Management LLC Invests $429,000 in Vanguard ESG US Stock ETF (BATS:ESGV)

Peirce Capital Management LLC bought a new position in shares of Vanguard ESG US Stock ETF (BATS:ESGV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,047 shares of the company’s stock, valued at approximately $429,000. Vanguard ESG US Stock ETF comprises approximately 0.3% of Peirce Capital Management LLC’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Vanguard ESG US Stock ETF by 1.4% in the third quarter. Vanguard Group Inc. now owns 8,229,430 shares of the company’s stock valued at $619,018,000 after purchasing an additional 112,353 shares during the last quarter. Creative Planning increased its holdings in shares of Vanguard ESG US Stock ETF by 0.9% in the third quarter. Creative Planning now owns 1,114,123 shares of the company’s stock worth $83,804,000 after acquiring an additional 10,192 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard ESG US Stock ETF by 11.3% in the third quarter. Wealthfront Advisers LLC now owns 885,335 shares of the company’s stock worth $66,595,000 after acquiring an additional 90,113 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard ESG US Stock ETF by 7.1% in the fourth quarter. Morgan Stanley now owns 869,196 shares of the company’s stock worth $57,245,000 after acquiring an additional 57,569 shares in the last quarter. Finally, Verde Capital Management boosted its position in shares of Vanguard ESG US Stock ETF by 2.7% during the third quarter. Verde Capital Management now owns 506,468 shares of the company’s stock worth $38,097,000 after buying an additional 13,371 shares during the period.

Vanguard ESG US Stock ETF Price Performance

Shares of ESGV stock traded down $1.24 on Tuesday, hitting $89.27. 247,181 shares of the stock were exchanged. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 26.27 and a beta of 1.09. The business has a fifty day moving average of $91.07 and a 200-day moving average of $84.43.

Vanguard ESG US Stock ETF Profile

The Vanguard ESG U.S. Stock ETF (ESGV) is an exchange-traded fund that is based on the FTSE USA All Cap Choice index, a market-cap-weighted index of US all-cap companies screened for environmental, social, and corporate governance (ESG) criteria. ESGV was launched on Sep 18, 2018 and is managed by Vanguard.