Vanguard Small-Cap ETF (NYSEARCA:VB) Hits New 1-Year High – Time to Buy?

Shares of Vanguard Small-Cap ETF (NYSEARCA:VB) hit a new 52-week high on Friday . The company traded as high as $257.75 and last traded at $257.69, with a volume of 345982 shares changing hands. The stock had previously closed at $253.78.

Vanguard Small-Cap ETF Price Performance

The firm has a market cap of $63.77 billion, a PE ratio of 14.11 and a beta of 1.17. The business has a 50-day moving average price of $240.38 and a two-hundred day moving average price of $229.27.

Institutional Trading of Vanguard Small-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VB. BNP Paribas Financial Markets lifted its stake in shares of Vanguard Small-Cap ETF by 75.7% in the 1st quarter. BNP Paribas Financial Markets now owns 478 shares of the company’s stock valued at $109,000 after purchasing an additional 206 shares in the last quarter. Sei Investments Co. lifted its position in Vanguard Small-Cap ETF by 5.8% during the 1st quarter. Sei Investments Co. now owns 11,655 shares of the company’s stock worth $2,664,000 after acquiring an additional 634 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in shares of Vanguard Small-Cap ETF in the 1st quarter valued at approximately $62,000. Vanguard Group Inc. raised its position in shares of Vanguard Small-Cap ETF by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 460,854 shares of the company’s stock valued at $105,347,000 after purchasing an additional 22,353 shares in the last quarter. Finally, Pitcairn Co. acquired a new position in shares of Vanguard Small-Cap ETF in the 1st quarter valued at approximately $287,000.

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.