Vanguard Small-Cap ETF (NYSEARCA:VB) Sees Large Volume Increase – Time to Buy?

Vanguard Small-Cap ETF (NYSEARCA:VB) saw an uptick in trading volume on Tuesday . 737,294 shares traded hands during mid-day trading, an increase of 9% from the previous session’s volume of 678,056 shares.The stock last traded at $259.99 and had previously closed at $261.58.

Vanguard Small-Cap ETF Stock Down 0.6 %

The business’s 50-day simple moving average is $241.51 and its 200-day simple moving average is $229.91. The stock has a market cap of $64.43 billion, a PE ratio of 14.11 and a beta of 1.17.

Institutional Investors Weigh In On Vanguard Small-Cap ETF

Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in Vanguard Small-Cap ETF by 6.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after buying an additional 313,316 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Small-Cap ETF by 2.5% during the third quarter. LPL Financial LLC now owns 3,612,385 shares of the company’s stock worth $856,894,000 after acquiring an additional 87,311 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard Small-Cap ETF by 8.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock worth $473,335,000 after acquiring an additional 176,660 shares during the last quarter. Captrust Financial Advisors lifted its position in Vanguard Small-Cap ETF by 3.7% during the third quarter. Captrust Financial Advisors now owns 1,942,941 shares of the company’s stock valued at $460,885,000 after purchasing an additional 69,830 shares during the last quarter. Finally, Creative Planning lifted its position in Vanguard Small-Cap ETF by 0.6% during the third quarter. Creative Planning now owns 1,880,342 shares of the company’s stock valued at $446,036,000 after purchasing an additional 10,410 shares during 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.