Brown Financial Advisory Has $27.79 Million Stock Holdings in Vanguard Small-Cap ETF $VB

Brown Financial Advisory boosted its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 16.7% in the second quarter, HoldingsChannel reports. The firm owned 117,257 shares of the company’s stock after purchasing an additional 16,749 shares during the period. Vanguard Small-Cap ETF makes up about 15.3% of Brown Financial Advisory’s investment portfolio, making the stock its 2nd biggest holding. Brown Financial Advisory’s holdings in Vanguard Small-Cap ETF were worth $27,787,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in shares of Vanguard Small-Cap ETF by 68.3% during the first quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after acquiring an additional 2,018,325 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Small-Cap ETF by 1.0% during the first quarter. LPL Financial LLC now owns 3,826,253 shares of the company’s stock valued at $848,472,000 after acquiring an additional 36,930 shares in the last quarter. Wit LLC increased its holdings in shares of Vanguard Small-Cap ETF by 254,243.2% during the first quarter. Wit LLC now owns 2,248,394 shares of the company’s stock valued at $498,581,000 after acquiring an additional 2,247,510 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Small-Cap ETF by 2.0% during the first quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock valued at $481,031,000 after acquiring an additional 41,742 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Small-Cap ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,010,915 shares of the company’s stock valued at $445,920,000 after acquiring an additional 146,007 shares in the last quarter.

Vanguard Small-Cap ETF Stock Up 1.0%

NYSEARCA VB opened at $255.61 on Wednesday. The company has a market cap of $68.64 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a 52 week low of $190.27 and a 52 week high of $263.35. The business has a 50 day moving average price of $252.17 and a 200-day moving average price of $236.42.

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.