Arax Advisory Partners Invests $32.12 Million in Vanguard Small-Cap ETF $VB

Arax Advisory Partners purchased a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 124,526 shares of the company’s stock, valued at approximately $32,121,000. Vanguard Small-Cap ETF comprises about 0.9% of Arax Advisory Partners’ holdings, making the stock its 22nd largest holding.

A number of other institutional investors have also recently made changes to their positions in VB. Costello Asset Management INC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth $25,000. Aventura Private Wealth LLC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth $28,000. GGM Financials LLC bought a new position in shares of Vanguard Small-Cap ETF in the 3rd quarter worth $29,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter worth $35,000.

Vanguard Small-Cap ETF Price Performance

Shares of NYSEARCA:VB opened at $296.38 on Friday. The company’s fifty day moving average price is $284.26 and its 200-day moving average price is $273.24. The firm has a market capitalization of $80.09 billion, a price-to-earnings ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a one year low of $228.80 and a one year high of $298.02.

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.