Vanguard Small-Cap ETF (NYSEARCA:VB) Stock Price Breaks Above 50 Day Moving Average – Should You Sell?

Vanguard Small-Cap ETF (NYSEARCA:VB) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $292.19 and traded as high as $294.91. Vanguard Small-Cap ETF shares last traded at $294.71, with a volume of 548,799 shares traded.

Vanguard Small-Cap ETF Stock Performance

The stock has a market capitalization of $79.71 billion, a P/E ratio of 18.27 and a beta of 1.06. The firm’s fifty day simple moving average is $292.19 and its 200 day simple moving average is $286.09.

Institutional Trading of Vanguard Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in Vanguard Small-Cap ETF by 11.3% in the second quarter. Envestnet Asset Management Inc. now owns 3,935,022 shares of the company’s stock valued at $1,192,572,000 after purchasing an additional 400,000 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Small-Cap ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,962,918 shares of the company’s stock valued at $514,127,000 after purchasing an additional 19,923 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Small-Cap ETF by 11.9% during the first quarter. Bank of New York Mellon Corp now owns 1,940,971 shares of the company’s stock valued at $508,379,000 after purchasing an additional 205,703 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Small-Cap ETF by 8.2% during the first quarter. Wealthfront Advisers LLC now owns 1,696,661 shares of the company’s stock worth $444,389,000 after purchasing an additional 128,686 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Vanguard Small-Cap ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 1,230,968 shares of the company’s stock worth $322,415,000 after purchasing an additional 62,668 shares during 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.