Vanguard Small-Cap ETF (NYSEARCA:VB) Reaches New 52-Week High – Here’s Why

Vanguard Small-Cap ETF (NYSEARCA:VB)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $307.10 and last traded at $307.03, with a volume of 58545 shares changing hands. The stock had previously closed at $305.18.

Vanguard Small-Cap ETF Price Performance

The stock’s 50-day moving average price is $297.23 and its 200 day moving average price is $283.42. The firm has a market capitalization of $82.50 billion, a PE ratio of 18.27 and a beta of 1.04.

Institutional Investors Weigh In On Vanguard Small-Cap ETF

Large investors have recently modified their holdings of the business. Auto Owners Insurance Co lifted its stake in shares of Vanguard Small-Cap ETF by 29,071.8% during the 4th quarter. Auto Owners Insurance Co now owns 72,645,943 shares of the company’s stock worth $18,739,021,000 after purchasing an additional 72,396,915 shares during the last quarter. Corient Private Wealth LLC raised its position 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 purchasing an additional 10,882,179 shares during the last quarter. Morgan Stanley boosted its stake in Vanguard Small-Cap ETF by 1.1% in the 4th quarter. Morgan Stanley now owns 7,864,543 shares of the company’s stock worth $2,028,659,000 after purchasing an additional 84,999 shares in the last quarter. UBS Group AG boosted its stake in Vanguard Small-Cap ETF by 1.7% in the 4th quarter. UBS Group AG now owns 3,916,098 shares of the company’s stock worth $1,010,157,000 after purchasing an additional 65,686 shares in the last quarter. Finally, Align Financial LLC purchased a new stake in Vanguard Small-Cap ETF during the 4th quarter worth approximately $717,282,000.

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.