Enterprise Bank & Trust Co Invests $586,000 in Vanguard Small-Cap ETF $VB

Enterprise Bank & Trust Co purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,471 shares of the company’s stock, valued at approximately $586,000.

Several other hedge funds have also made changes to their positions in VB. Brighton Jones LLC lifted its position in shares of Vanguard Small-Cap ETF by 36.5% during the fourth quarter. Brighton Jones LLC now owns 11,978 shares of the company’s stock worth $2,878,000 after purchasing an additional 3,200 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Vanguard Small-Cap ETF by 11.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,941 shares of the company’s stock valued at $2,148,000 after acquiring an additional 920 shares in the last quarter. Gotham Asset Management LLC acquired a new stake in Vanguard Small-Cap ETF in the fourth quarter valued at approximately $544,000. Jefferies Financial Group Inc. acquired a new stake in Vanguard Small-Cap ETF in the fourth quarter valued at approximately $413,000. Finally, NorthRock Partners LLC acquired a new stake in Vanguard Small-Cap ETF in the fourth quarter valued at approximately $370,000.

Vanguard Small-Cap ETF Stock Down 1.1%

Shares of NYSEARCA:VB opened at $255.41 on Friday. The firm’s 50 day moving average price is $246.62 and its 200 day moving average price is $232.07. The stock has a market cap of $68.20 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $263.35.

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.