Cornerstone Planning Group LLC Makes New Investment in Vanguard Small-Cap ETF $VB

Cornerstone Planning Group LLC acquired a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) in the 3rd quarter, Holdings Channel reports. The firm acquired 2,842 shares of the company’s stock, valued at approximately $723,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Corient Private Wealth LLC grew its stake in Vanguard Small-Cap ETF by 120.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,016,812 shares of the company’s stock valued at $241,687,000 after purchasing an additional 556,203 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 purchasing an additional 540,546 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC boosted its holdings in shares of Vanguard Small-Cap ETF by 84.8% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,078,309 shares of the company’s stock worth $274,193,000 after buying an additional 494,886 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Vanguard Small-Cap ETF during the third quarter valued at about $57,363,000. Finally, Envestnet Asset Management Inc. increased its holdings in 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 last quarter.

Vanguard Small-Cap ETF Stock Performance

Shares of VB stock opened at $271.74 on Tuesday. Vanguard Small-Cap ETF has a 52 week low of $190.27 and a 52 week high of $279.85. The firm’s 50-day simple moving average is $265.47 and its two-hundred day simple moving average is $256.20. The firm has a market cap of $72.73 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10.

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.