Independent Wealth Network Inc. Acquires New Shares in Vanguard Small-Cap ETF $VB

Independent Wealth Network Inc. acquired a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 1,973 shares of the company’s stock, valued at approximately $517,000.

Several other hedge funds have also recently bought and sold shares of VB. Auto Owners Insurance Co lifted its position in shares of Vanguard Small-Cap ETF by 29,071.8% in the fourth quarter. Auto Owners Insurance Co now owns 72,645,943 shares of the company’s stock worth $18,739,021,000 after buying an additional 72,396,915 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Small-Cap ETF by 2,422.8% in the 4th quarter. Corient Private Wealth LLC now owns 11,331,335 shares of the company’s stock valued at $2,922,918,000 after acquiring an additional 10,882,179 shares in the last quarter. Align Financial LLC bought a new position in shares of Vanguard Small-Cap ETF in the 4th quarter valued at approximately $717,282,000. CIBC Bancorp USA Inc. acquired a new stake in Vanguard Small-Cap ETF in the 3rd quarter worth approximately $324,131,000. Finally, Valpey Financial Services LLC boosted its position in Vanguard Small-Cap ETF by 26,304.7% during the fourth quarter. Valpey Financial Services LLC now owns 954,531 shares of the company’s stock worth $246,221,000 after purchasing an additional 950,916 shares during the period.

Vanguard Small-Cap ETF Stock Down 0.0%

Shares of VB stock opened at $299.49 on Friday. Vanguard Small-Cap ETF has a 12 month low of $234.49 and a 12 month high of $302.20. The business’s 50 day moving average is $289.43 and its two-hundred day moving average is $276.03. The company has a market cap of $80.93 billion, a PE ratio of 18.27 and a beta of 1.05.

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.