Vanguard Small-Cap ETF (NYSEARCA:VB) Reaches New 12-Month High – Time to Buy?

Shares of Vanguard Small-Cap ETF (NYSEARCA:VB) hit a new 52-week high on Friday . The company traded as high as $281.90 and last traded at $279.3140, with a volume of 158351 shares traded. The stock had previously closed at $278.19.

Vanguard Small-Cap ETF Price Performance

The stock has a market capitalization of $74.61 billion, a PE ratio of 18.27 and a beta of 1.10. The company has a 50 day moving average price of $269.75 and a 200-day moving average price of $258.90.

Hedge Funds Weigh In On Vanguard Small-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE raised its stake in Vanguard Small-Cap ETF by 0.7% during the second quarter. Bank of America Corp DE now owns 24,253,000 shares of the company’s stock valued at $5,747,476,000 after buying an additional 165,916 shares during the last quarter. Corient Private Wealth LLC grew its position in Vanguard Small-Cap ETF by 2,422.8% during 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 during the last quarter. Morgan Stanley increased its stake in Vanguard Small-Cap ETF by 1.1% during the 4th quarter. Morgan Stanley now owns 7,864,543 shares of the company’s stock valued at $2,028,659,000 after purchasing an additional 84,999 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Small-Cap ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock worth $1,226,580,000 after buying an additional 215,390 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of Vanguard Small-Cap ETF by 1.7% in the fourth quarter. UBS Group AG now owns 3,916,098 shares of the company’s stock worth $1,010,157,000 after buying an additional 65,686 shares in the last quarter.

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.