Valeo Financial Advisors LLC Trims Holdings in Vanguard Small-Cap ETF (NYSEARCA:VB)

Valeo Financial Advisors LLC cut its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,997 shares of the company’s stock after selling 764 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vanguard Small-Cap ETF were worth $3,083,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sunpointe LLC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth approximately $301,000. Beacon Financial Group lifted its stake in shares of Vanguard Small-Cap ETF by 10.0% in the 4th quarter. Beacon Financial Group now owns 7,405 shares of the company’s stock worth $1,580,000 after purchasing an additional 675 shares during the period. Scarborough Advisors LLC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth approximately $117,000. Northwest Bank & Trust Co bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth approximately $159,000. Finally, Richardson Financial Services Inc. bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth approximately $562,000.

Vanguard Small-Cap ETF Trading Up 1.7 %

Vanguard Small-Cap ETF stock opened at $239.01 on Friday. The firm has a 50 day moving average of $229.70 and a 200 day moving average of $224.28. The firm has a market capitalization of $59.20 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a 12-month low of $174.84 and a 12-month high of $239.09.

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.