Peirce Capital Management LLC Invests $523,000 in Vanguard Small-Cap ETF $VB

Peirce Capital Management LLC acquired a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,995 shares of the company’s stock, valued at approximately $523,000.

Other hedge funds have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its position in Vanguard Small-Cap ETF by 0.3% during the fourth quarter. JFS Wealth Advisors LLC now owns 10,875 shares of the company’s stock worth $2,805,000 after acquiring an additional 37 shares during the period. Stonebridge Financial Group LLC grew its position in Vanguard Small-Cap ETF by 2.6% in the 4th quarter. Stonebridge Financial Group LLC now owns 1,438 shares of the company’s stock worth $371,000 after purchasing an additional 37 shares during the last quarter. Rockwood Wealth Management LLC grew its position in Vanguard Small-Cap ETF by 0.6% in the 4th quarter. Rockwood Wealth Management LLC now owns 5,829 shares of the company’s stock worth $1,504,000 after purchasing an additional 37 shares during the last quarter. Cornerstone Advisors Asset Management LLC grew its position in Vanguard Small-Cap ETF by 0.4% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 9,197 shares of the company’s stock worth $2,372,000 after purchasing an additional 37 shares during the last quarter. Finally, Covestor Ltd increased its holdings in shares of Vanguard Small-Cap ETF by 2.4% during the 4th quarter. Covestor Ltd now owns 1,644 shares of the company’s stock worth $424,000 after purchasing an additional 38 shares during the period.

Vanguard Small-Cap ETF Stock Performance

Shares of VB opened at $299.61 on Friday. The company has a 50-day simple moving average of $289.00 and a 200-day simple moving average of $275.86. The firm has a market capitalization of $80.97 billion, a P/E ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a 52 week low of $234.49 and a 52 week high of $302.20.

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.