Burton Enright Welch Makes New Investment in Vanguard Small-Cap ETF $VB

Burton Enright Welch purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,926 shares of the company’s stock, valued at approximately $1,401,000.

Several other institutional investors have also modified their holdings of VB. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Small-Cap ETF by 11.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,935,022 shares of the company’s stock valued at $1,192,572,000 after purchasing an additional 400,000 shares during the period. PNC Financial Services Group Inc. increased its position in Vanguard Small-Cap ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,962,918 shares of the company’s stock worth $514,127,000 after purchasing an additional 19,923 shares during the last quarter. Bank of New York Mellon Corp increased its position in Vanguard Small-Cap ETF by 11.9% during the first quarter. Bank of New York Mellon Corp now owns 1,940,971 shares of the company’s stock worth $508,379,000 after purchasing an additional 205,703 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Small-Cap ETF by 8.2% during the first quarter. Wealthfront Advisers LLC now owns 1,696,661 shares of the company’s stock worth $444,389,000 after purchasing an additional 128,686 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Vanguard Small-Cap ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 1,230,968 shares of the company’s stock worth $322,415,000 after purchasing an additional 62,668 shares during the period.

Vanguard Small-Cap ETF Price Performance

Shares of VB stock opened at $285.64 on Monday. The firm’s 50-day moving average is $290.55 and its two-hundred day moving average is $286.58. Vanguard Small-Cap ETF has a 12 month low of $241.17 and a 12 month high of $309.51. The company has a market capitalization of $77.43 billion, a PE ratio of 18.27 and a beta of 1.06.

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.