Summit Global Investments Increases Stock Holdings in Vanguard Small-Cap ETF $VB

Summit Global Investments grew its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 338.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,316 shares of the company’s stock after buying an additional 4,104 shares during the quarter. Summit Global Investments’ holdings in Vanguard Small-Cap ETF were worth $1,392,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in Vanguard Small-Cap ETF by 36.5% during the 4th quarter. Brighton Jones LLC now owns 11,978 shares of the company’s stock valued at $2,878,000 after acquiring an additional 3,200 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Vanguard Small-Cap ETF by 11.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,941 shares of the company’s stock worth $2,148,000 after acquiring an additional 920 shares during the last quarter. Aspire Growth Partners LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 5.0% in the second quarter. Aspire Growth Partners LLC now owns 2,342 shares of the company’s stock valued at $555,000 after purchasing an additional 111 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Vanguard Small-Cap ETF by 8.5% in the second quarter. Russell Investments Group Ltd. now owns 4,983 shares of the company’s stock valued at $1,181,000 after purchasing an additional 389 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Vanguard Small-Cap ETF in the second quarter valued at approximately $252,000.

Vanguard Small-Cap ETF Price Performance

Shares of VB opened at $294.22 on Tuesday. The firm has a 50 day simple moving average of $293.89 and a 200-day simple moving average of $280.27. Vanguard Small-Cap ETF has a 1-year low of $234.49 and a 1-year high of $304.70. The stock has a market cap of $79.20 billion, a price-to-earnings ratio of 18.27 and a beta of 1.04.

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.