Vanguard Small-Cap ETF $VB Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. grew its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,619 shares of the company’s stock after acquiring an additional 124 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Small-Cap ETF were worth $858,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Wit LLC boosted its holdings in Vanguard Small-Cap ETF by 254,243.2% in the first quarter. Wit LLC now owns 2,248,394 shares of the company’s stock valued at $498,581,000 after purchasing an additional 2,247,510 shares during the period. Royal Bank of Canada boosted its holdings in Vanguard Small-Cap ETF by 68.3% in the first quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after purchasing an additional 2,018,325 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Small-Cap ETF in the second quarter valued at $312,278,000. CHURCHILL MANAGEMENT Corp purchased a new position in Vanguard Small-Cap ETF in the second quarter valued at $224,221,000. Finally, Auto Owners Insurance Co boosted its holdings in Vanguard Small-Cap ETF by 2,616.7% in the first quarter. Auto Owners Insurance Co now owns 912,750 shares of the company’s stock valued at $202,402,000 after purchasing an additional 879,152 shares during the period.

Vanguard Small-Cap ETF Trading Up 0.7%

NYSEARCA:VB opened at $254.99 on Friday. The firm has a market cap of $68.47 billion, a PE ratio of 18.27 and a beta of 1.10. The stock has a fifty day moving average price of $255.06 and a 200 day moving average price of $240.72. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $263.35.

Vanguard Small-Cap ETF Company 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.