Vanguard Small-Cap ETF (NYSEARCA:VB) Sets New 12-Month High – Here’s Why

Vanguard Small-Cap ETF (NYSEARCA:VB)’s share price hit a new 52-week high on Friday . The company traded as high as $239.06 and last traded at $238.89, with a volume of 155515 shares. The stock had previously closed at $235.10.

Vanguard Small-Cap ETF Price Performance

The stock has a 50-day moving average price of $229.35 and a 200 day moving average price of $224.18. The firm has a market cap of $59.16 billion, a PE ratio of 14.11 and a beta of 1.17.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Register Financial Advisors LLC grew its stake in shares of Vanguard Small-Cap ETF by 6.1% during the second quarter. Register Financial Advisors LLC now owns 780 shares of the company’s stock valued at $170,000 after acquiring an additional 45 shares in the last quarter. Bensler LLC grew its position in shares of Vanguard Small-Cap ETF by 4.4% during the second quarter. Bensler LLC now owns 1,066 shares of the company’s stock worth $233,000 after buying an additional 45 shares in the last quarter. Ridgewood Investments LLC boosted its stake in Vanguard Small-Cap ETF by 0.4% during the 2nd quarter. Ridgewood Investments LLC now owns 10,500 shares of the company’s stock valued at $2,289,000 after acquiring an additional 45 shares during the last quarter. TrueWealth Advisors LLC increased its position in shares of Vanguard Small-Cap ETF by 2.0% in the 2nd quarter. TrueWealth Advisors LLC now owns 2,299 shares of the company’s stock worth $501,000 after purchasing an additional 46 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its stake in shares of Vanguard Small-Cap ETF by 2.2% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 2,183 shares of the company’s stock valued at $518,000 after purchasing an additional 46 shares in the last quarter.

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.