Synovus Financial Corp Grows Stake in Vanguard Small-Cap ETF $VB

Synovus Financial Corp lifted its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 26.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,309 shares of the company’s stock after acquiring an additional 3,830 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard Small-Cap ETF were worth $4,658,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Simon Quick Advisors LLC grew its stake in Vanguard Small-Cap ETF by 4.4% during the 3rd quarter. Simon Quick Advisors LLC now owns 75,474 shares of the company’s stock valued at $19,191,000 after purchasing an additional 3,199 shares in the last quarter. Compass Wealth Management LLC acquired a new position in shares of Vanguard Small-Cap ETF in the 3rd quarter valued at approximately $11,564,000. Cullen Frost Bankers Inc. raised its position in shares of Vanguard Small-Cap ETF by 2.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 556,931 shares of the company’s stock valued at $141,616,000 after purchasing an additional 10,827 shares in the last quarter. MPS Loria Financial Planners LLC boosted its stake in shares of Vanguard Small-Cap ETF by 2.1% during the 3rd quarter. MPS Loria Financial Planners LLC now owns 149,475 shares of the company’s stock valued at $38,022,000 after buying an additional 3,136 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in shares of Vanguard Small-Cap ETF by 122.6% during the third quarter. Benjamin Edwards Inc. now owns 50,502 shares of the company’s stock worth $12,846,000 after buying an additional 27,812 shares in the last quarter.

Vanguard Small-Cap ETF Trading Down 0.1%

Shares of NYSEARCA:VB opened at $277.90 on Friday. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $281.47. The firm has a market cap of $74.38 billion, a PE ratio of 18.27 and a beta of 1.10. The company has a fifty day simple moving average of $269.75 and a 200 day simple moving average of $258.90.

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.