Envestnet Asset Management Inc. Trims Stock Position in Vanguard Small-Cap ETF $VB

Envestnet Asset Management Inc. cut its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 16.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,308,811 shares of the company’s stock after selling 867,245 shares during the period. Envestnet Asset Management Inc. owned about 1.60% of Vanguard Small-Cap ETF worth $1,095,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Your Advocates Ltd. LLP lifted its holdings in Vanguard Small-Cap ETF by 2,080.0% in the third quarter. Your Advocates Ltd. LLP now owns 109 shares of the company’s stock valued at $28,000 after acquiring an additional 104 shares during the period. Promus Capital LLC purchased a new position in shares of Vanguard Small-Cap ETF during the 2nd quarter valued at approximately $28,000. Clarity Asset Management Inc. purchased a new position in shares of Vanguard Small-Cap ETF during the 2nd quarter valued at approximately $30,000. Chesapeake Asset Management LLC lifted its stake in shares of Vanguard Small-Cap ETF by 116.4% in the 3rd quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock valued at $34,000 after purchasing an additional 71 shares during the period. Finally, United Community Bank purchased a new stake in Vanguard Small-Cap ETF during the third quarter worth $36,000.

Vanguard Small-Cap ETF Stock Performance

VB stock opened at $272.22 on Wednesday. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $279.85. The firm’s fifty day moving average is $265.80 and its 200 day moving average is $256.41. The firm has a market cap of $72.86 billion, a PE ratio of 18.27 and a beta of 1.10.

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.