Novak & Powell Financial Services Inc. Makes New $489,000 Investment in Vanguard Small-Cap ETF $VB

Novak & Powell Financial Services Inc. bought a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,922 shares of the company’s stock, valued at approximately $489,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Promus Capital LLC purchased a new stake in Vanguard Small-Cap ETF in the 2nd quarter valued at about $28,000. Your Advocates Ltd. LLP increased its position in shares of Vanguard Small-Cap ETF by 2,080.0% during the third 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. GGM Financials LLC bought a new stake in shares of Vanguard Small-Cap ETF during the third quarter valued at approximately $29,000. Clarity Asset Management Inc. bought a new position in Vanguard Small-Cap ETF in the second quarter worth approximately $30,000. Finally, Chesapeake Asset Management LLC increased its holdings in Vanguard Small-Cap ETF by 116.4% during the 3rd quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock worth $34,000 after purchasing an additional 71 shares during the period.

Vanguard Small-Cap ETF Stock Up 0.9%

Shares of NYSEARCA VB opened at $262.88 on Tuesday. Vanguard Small-Cap ETF has a twelve month low of $190.27 and a twelve month high of $281.90. The firm has a market cap of $70.36 billion, a PE ratio of 18.27 and a beta of 1.10. The business has a fifty day simple moving average of $273.18 and a two-hundred day simple moving average of $262.13.

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.