Modera Wealth Management LLC Cuts Stake in Vanguard Small-Cap ETF $VB

Modera Wealth Management LLC reduced its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,322 shares of the company’s stock after selling 5,497 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $27,062,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in Vanguard Small-Cap ETF by 29,071.8% during the 4th quarter. Auto Owners Insurance Co now owns 72,645,943 shares of the company’s stock valued at $18,739,021,000 after purchasing an additional 72,396,915 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Vanguard Small-Cap ETF by 2,422.8% in the 4th quarter. Corient Private Wealth LLC now owns 11,331,335 shares of the company’s stock valued at $2,922,918,000 after purchasing an additional 10,882,179 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Vanguard Small-Cap ETF in the 4th quarter worth approximately $717,282,000. Valpey Financial Services LLC boosted its stake in shares of Vanguard Small-Cap ETF by 26,304.7% during the fourth quarter. Valpey Financial Services LLC now owns 954,531 shares of the company’s stock valued at $246,221,000 after purchasing an additional 950,916 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Vanguard Small-Cap ETF by 119.4% during the first quarter. Fifth Third Bancorp now owns 678,702 shares of the company’s stock valued at $177,766,000 after purchasing an additional 369,321 shares in the last quarter.

Vanguard Small-Cap ETF Stock Down 0.6%

Shares of VB stock opened at $296.22 on Friday. The firm has a market cap of $79.74 billion, a price-to-earnings ratio of 18.27 and a beta of 1.04. The company’s 50 day moving average is $293.77 and its 200 day moving average is $279.91. Vanguard Small-Cap ETF has a 52-week low of $234.49 and a 52-week high of $304.70.

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.