Sax Wealth Advisors LLC Decreases Stake in Vanguard Small-Cap ETF $VB

Sax Wealth Advisors LLC cut its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 19.7% during the third quarter, HoldingsChannel.com reports. The firm owned 12,810 shares of the company’s stock after selling 3,152 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Small-Cap ETF were worth $3,257,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VB. Bank of America Corp DE increased its holdings in Vanguard Small-Cap ETF by 0.7% in the second quarter. Bank of America Corp DE now owns 24,253,000 shares of the company’s stock valued at $5,747,476,000 after buying an additional 165,916 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Small-Cap ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock worth $1,226,580,000 after acquiring an additional 215,390 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Small-Cap ETF by 26.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,551,461 shares of the company’s stock valued at $604,645,000 after purchasing an additional 540,546 shares in the last quarter. Captrust Financial Advisors raised its holdings in Vanguard Small-Cap ETF by 5.7% during the second quarter. Captrust Financial Advisors now owns 2,388,456 shares of the company’s stock worth $566,017,000 after purchasing an additional 129,418 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Vanguard Small-Cap ETF by 8.0% during the second quarter. Ameriprise Financial Inc. now owns 2,342,693 shares of the company’s stock worth $554,795,000 after purchasing an additional 173,325 shares in the last quarter.

Vanguard Small-Cap ETF Stock Performance

Vanguard Small-Cap ETF stock opened at $260.47 on Wednesday. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $266.92. The firm has a market capitalization of $69.94 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. The stock’s fifty day moving average is $256.56 and its two-hundred day moving average is $250.69.

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.