Meridian Investment Counsel Inc. Sells 60 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Meridian Investment Counsel Inc. lowered its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,582 shares of the company’s stock after selling 60 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Vanguard Small-Cap ETF were worth $1,016,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in Vanguard Small-Cap ETF in the first quarter valued at about $25,000. West Branch Capital LLC boosted its position in Vanguard Small-Cap ETF by 384.6% in the first quarter. West Branch Capital LLC now owns 126 shares of the company’s stock valued at $28,000 after buying an additional 100 shares in the last quarter. Hopwood Financial Services Inc. acquired a new position in Vanguard Small-Cap ETF in the fourth quarter valued at about $32,000. Creative Capital Management Investments LLC acquired a new position in shares of Vanguard Small-Cap ETF during the first quarter worth approximately $33,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Small-Cap ETF during the first quarter worth approximately $33,000.

Vanguard Small-Cap ETF Trading Up 0.6%

Shares of VB stock opened at $243.21 on Friday. Vanguard Small-Cap ETF has a 1 year low of $190.27 and a 1 year high of $263.35. The firm’s 50 day moving average is $230.07 and its 200-day moving average is $231.64. The firm has a market capitalization of $64.98 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14.

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.