Summit Investment Advisory Services LLC Purchases New Position in Vanguard Small-Cap ETF $VB

Summit Investment Advisory Services LLC acquired a new stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,807 shares of the company’s stock, valued at approximately $1,613,000. Vanguard Small-Cap ETF accounts for approximately 0.7% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 20th biggest position.

Several other large investors have also recently bought and sold shares of VB. Promus Capital LLC acquired a new position in shares of Vanguard Small-Cap ETF in the 2nd quarter valued at $28,000. Clarity Asset Management Inc. bought a new position in Vanguard Small-Cap ETF during the second quarter worth about $30,000. Chesapeake Asset Management LLC grew its stake in Vanguard Small-Cap ETF by 116.4% in the third quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock valued at $34,000 after acquiring an additional 71 shares during the period. Hilltop National Bank bought a new stake in shares of Vanguard Small-Cap ETF in the second quarter worth about $36,000. Finally, MeadowBrook Investment Advisors LLC bought a new stake in shares of Vanguard Small-Cap ETF in the second quarter worth about $39,000.

Vanguard Small-Cap ETF Price Performance

NYSEARCA:VB opened at $274.07 on Wednesday. The business’s 50-day simple moving average is $263.40 and its 200-day simple moving average is $255.35. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $279.85. The stock has a market capitalization of $73.35 billion, a PE ratio of 18.27 and a beta of 1.10.

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.