Merit Financial Group LLC Has $65.75 Million Stock Holdings in Vanguard Small-Cap ETF $VB

Merit Financial Group LLC boosted its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 21.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 258,587 shares of the company’s stock after purchasing an additional 45,273 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Small-Cap ETF were worth $65,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Your Advocates Ltd. LLP boosted its holdings in Vanguard Small-Cap ETF by 2,080.0% in the 3rd quarter. Your Advocates Ltd. LLP now owns 109 shares of the company’s stock valued at $28,000 after purchasing an additional 104 shares during the period. Promus Capital LLC bought a new stake in shares of Vanguard Small-Cap ETF in the second quarter valued at about $28,000. Clarity Asset Management Inc. acquired a new stake in Vanguard Small-Cap ETF during the second quarter worth about $30,000. Chesapeake Asset Management LLC increased its stake in Vanguard Small-Cap ETF by 116.4% during the third quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock valued at $34,000 after acquiring an additional 71 shares during the period. Finally, Integrity Financial Corp WA raised its holdings in Vanguard Small-Cap ETF by 363.3% in the 3rd quarter. Integrity Financial Corp WA now owns 139 shares of the company’s stock valued at $35,000 after acquiring an additional 109 shares in the last quarter.

Vanguard Small-Cap ETF Trading Down 0.4%

VB opened at $260.47 on Wednesday. The stock’s 50 day simple moving average is $256.56 and its 200-day simple moving average is $250.69. The stock has a market cap of $69.94 billion, a PE ratio of 18.27 and a beta of 1.10. Vanguard Small-Cap ETF has a 1 year low of $190.27 and a 1 year high of $266.92.

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.