Vanguard Small-Cap ETF (NYSEARCA:VB) Hits New 1-Year High – Here’s Why

Vanguard Small-Cap ETF (NYSEARCA:VB)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $250.42 and last traded at $249.64, with a volume of 79032 shares traded. The stock had previously closed at $240.84.

Vanguard Small-Cap ETF Stock Performance

The company has a market cap of $62.11 billion, a P/E ratio of 14.11 and a beta of 1.17. The stock has a 50-day moving average of $234.71 and a two-hundred day moving average of $226.50.

Institutional Investors Weigh In On Vanguard Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VB. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Small-Cap ETF by 27,056.7% during the second quarter. Strategic Financial Concepts LLC now owns 1,623,701 shares of the company’s stock valued at $354,032,000 after purchasing an additional 1,617,722 shares during the period. Grimes & Company Inc. boosted its position in Vanguard Small-Cap ETF by 354.2% in the third quarter. Grimes & Company Inc. now owns 674,793 shares of the company’s stock valued at $160,068,000 after buying an additional 526,226 shares during the last quarter. Wulff Hansen & CO. purchased a new stake in Vanguard Small-Cap ETF in the 2nd quarter worth approximately $77,968,000. Cetera Investment Advisers boosted its position in Vanguard Small-Cap ETF by 255.6% in the 1st quarter. Cetera Investment Advisers now owns 482,068 shares of the company’s stock worth $110,196,000 after purchasing an additional 346,493 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Vanguard Small-Cap ETF by 24.7% during the 1st quarter. Captrust Financial Advisors now owns 1,627,553 shares of the company’s stock valued at $372,042,000 after buying an additional 322,291 shares in the last quarter.

Vanguard Small-Cap ETF Company 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.