Envestnet Asset Management Inc. Increases Position in Vanguard Small-Cap ETF $VB

Envestnet Asset Management Inc. grew its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,935,022 shares of the company’s stock after purchasing an additional 400,000 shares during the period. Envestnet Asset Management Inc. owned about 1.46% of Vanguard Small-Cap ETF worth $1,192,572,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Altus USA Inc. purchased a new position in shares of Vanguard Small-Cap ETF during the 2nd quarter valued at about $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Vanguard Small-Cap ETF in the fourth quarter worth approximately $28,000. Greykasell Wealth Strategies Inc. purchased a new stake in Vanguard Small-Cap ETF in the fourth quarter worth approximately $39,000. Scarborough Advisors LLC bought a new position in Vanguard Small-Cap ETF during the first quarter valued at approximately $39,000. Finally, Curio Wealth LLC grew its position in Vanguard Small-Cap ETF by 423.3% during the fourth quarter. Curio Wealth LLC now owns 157 shares of the company’s stock valued at $41,000 after acquiring an additional 127 shares during the last quarter.

Vanguard Small-Cap ETF Trading Down 0.9%

Shares of VB stock traded down $2.66 during trading hours on Wednesday, hitting $289.67. 385,101 shares of the company’s stock were exchanged, compared to its average volume of 642,909. The company has a market capitalization of $78.18 billion, a PE ratio of 18.27 and a beta of 1.04. Vanguard Small-Cap ETF has a 12-month low of $241.17 and a 12-month high of $309.51. The business’s 50 day simple moving average is $298.91 and its 200-day simple moving average is $288.58.

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.