Vanguard Small-Cap ETF (NYSEARCA:VB) Stock Position Lifted by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. lifted its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 420,500 shares of the company’s stock after buying an additional 4,346 shares during the period. Vanguard Small-Cap ETF makes up about 1.4% of Pinnacle Associates Ltd.’s portfolio, making the stock its 8th largest position. Pinnacle Associates Ltd. owned approximately 0.17% of Vanguard Small-Cap ETF worth $91,686,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VB. Atlantic Edge Private Wealth Management LLC purchased a new stake in Vanguard Small-Cap ETF during the 4th quarter worth approximately $26,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Small-Cap ETF during the 2nd quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at approximately $33,000. Finally, ORG Partners LLC acquired a new stake in Vanguard Small-Cap ETF during the 2nd quarter valued at approximately $41,000.

Vanguard Small-Cap ETF Trading Up 0.6 %

NYSEARCA VB traded up $1.45 on Friday, hitting $233.42. 389,885 shares of the company’s stock traded hands, compared to its average volume of 695,877. The firm’s 50-day moving average price is $224.53 and its two-hundred day moving average price is $221.58. Vanguard Small-Cap ETF has a 1-year low of $174.84 and a 1-year high of $236.96. The firm has a market capitalization of $57.81 billion, a PE ratio of 14.11 and a beta of 1.17.

About Vanguard Small-Cap ETF

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.