Pinion Investment Advisors LLC Has $205,000 Position in Vanguard Small-Cap ETF $VB

Pinion Investment Advisors LLC reduced its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 97.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 864 shares of the company’s stock after selling 35,310 shares during the quarter. Pinion Investment Advisors LLC’s holdings in Vanguard Small-Cap ETF were worth $205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Valmark Advisers Inc. boosted its position in shares of Vanguard Small-Cap ETF by 0.4% during the second quarter. Valmark Advisers Inc. now owns 32,645 shares of the company’s stock worth $7,736,000 after buying an additional 127 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Small-Cap ETF during the first quarter worth about $33,000. Bear Mountain Capital Inc. raised its holdings in Vanguard Small-Cap ETF by 6.7% during the first quarter. Bear Mountain Capital Inc. now owns 44,968 shares of the company’s stock worth $9,748,000 after acquiring an additional 2,806 shares in the last quarter. Aries Wealth Management raised its holdings in Vanguard Small-Cap ETF by 0.7% during the first quarter. Aries Wealth Management now owns 47,995 shares of the company’s stock worth $10,643,000 after acquiring an additional 321 shares in the last quarter. Finally, Northcape Wealth Management LLC bought a new stake in Vanguard Small-Cap ETF during the first quarter worth about $240,000.

Vanguard Small-Cap ETF Stock Performance

VB opened at $255.69 on Friday. Vanguard Small-Cap ETF has a 52-week low of $190.27 and a 52-week high of $263.35. The firm has a market capitalization of $68.66 billion, a PE ratio of 18.27 and a beta of 1.14. The business’s 50-day simple moving average is $251.44 and its 200 day simple moving average is $235.82.

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.