GeoWealth Management LLC Boosts Stock Position in Vanguard Small-Cap ETF $VB

GeoWealth Management LLC raised its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 19.9% in the second quarter, Holdings Channel reports. The institutional investor owned 49,309 shares of the company’s stock after buying an additional 8,167 shares during the quarter. GeoWealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $11,685,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Great Diamond Partners LLC purchased a new stake in shares of Vanguard Small-Cap ETF in the second quarter worth $348,000. Baird Financial Group Inc. raised its position in shares of Vanguard Small-Cap ETF by 11.2% in the 2nd quarter. Baird Financial Group Inc. now owns 775,674 shares of the company’s stock worth $183,819,000 after purchasing an additional 78,416 shares during the last quarter. Crescent Grove Advisors LLC bought a new position in Vanguard Small-Cap ETF in the 2nd quarter worth about $470,000. EverSource Wealth Advisors LLC grew its position in Vanguard Small-Cap ETF by 2.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 57,743 shares of the company’s stock valued at $13,684,000 after purchasing an additional 1,545 shares during the last quarter. Finally, Luminist Capital LLC grew its position in Vanguard Small-Cap ETF by 18.2% during the 2nd quarter. Luminist Capital LLC now owns 4,875 shares of the company’s stock valued at $1,167,000 after purchasing an additional 750 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA:VB opened at $260.26 on Friday. The firm has a market cap of $69.89 billion, a P/E ratio of 18.27 and a beta of 1.10. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $261.24. The firm has a 50-day simple moving average of $254.23 and a two-hundred day simple moving average of $246.49.

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.