Meridian Wealth Management LLC Increases Position in Vanguard Small-Cap ETF $VB

Meridian Wealth Management LLC increased its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 11.1% during the third quarter, Holdings Channel reports. The fund owned 21,949 shares of the company’s stock after acquiring an additional 2,194 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $5,388,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Promus Capital LLC acquired a new stake in Vanguard Small-Cap ETF in the 2nd quarter worth about $28,000. Your Advocates Ltd. LLP lifted its holdings in shares of Vanguard Small-Cap ETF by 2,080.0% during the 3rd quarter. Your Advocates Ltd. LLP now owns 109 shares of the company’s stock worth $28,000 after acquiring an additional 104 shares during the period. Clarity Asset Management Inc. purchased a new position in shares of Vanguard Small-Cap ETF during the 2nd quarter worth about $30,000. Chesapeake Asset Management LLC boosted its position in shares of Vanguard Small-Cap ETF by 116.4% in the third quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock worth $34,000 after acquiring an additional 71 shares during the last quarter. Finally, Hilltop National Bank purchased a new stake in Vanguard Small-Cap ETF in the second quarter valued at approximately $36,000.

Vanguard Small-Cap ETF Stock Performance

Shares of VB stock opened at $269.89 on Friday. The firm has a market capitalization of $72.24 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $279.85. The company has a 50 day moving average price of $265.03 and a 200 day moving average price of $255.90.

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.