Crescent Grove Advisors LLC Makes New Investment in Vanguard Small-Cap ETF $VB

Crescent Grove Advisors LLC acquired a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,978 shares of the company’s stock, valued at approximately $470,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VB. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Small-Cap ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock worth $1,226,580,000 after buying an additional 215,390 shares during the period. Royal Bank of Canada raised its stake in Vanguard Small-Cap ETF by 68.3% during the 1st quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after acquiring an additional 2,018,325 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Small-Cap ETF by 26.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,551,461 shares of the company’s stock worth $604,645,000 after acquiring an additional 540,546 shares during the period. Wit LLC grew its stake in shares of Vanguard Small-Cap ETF by 254,243.2% in the 1st quarter. Wit LLC now owns 2,248,394 shares of the company’s stock valued at $498,581,000 after purchasing an additional 2,247,510 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Small-Cap ETF by 2.0% in the 1st quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock valued at $481,031,000 after purchasing an additional 41,742 shares during the last quarter.

Vanguard Small-Cap ETF Trading Up 0.5%

NYSEARCA:VB opened at $260.26 on Friday. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $261.24. The stock’s 50 day simple moving average is $254.23 and its 200-day simple moving average is $246.49. The firm has a market cap of $69.89 billion, a P/E ratio of 18.27 and a beta of 1.10.

About Vanguard Small-Cap ETF

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.