Vanguard Small-Cap ETF (NYSEARCA:VB) Position Reduced by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC reduced its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 5.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,192 shares of the company’s stock after selling 907 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $3,930,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Morgan Stanley boosted its holdings in Vanguard Small-Cap ETF by 2.8% during the third quarter. Morgan Stanley now owns 6,927,236 shares of the company’s stock worth $1,309,733,000 after buying an additional 191,676 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Vanguard Small-Cap ETF by 1.5% during the fourth quarter. Jones Financial Companies Lllp now owns 6,607,375 shares of the company’s stock worth $1,409,551,000 after purchasing an additional 95,988 shares during the period. Cerity Partners LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 2,168.8% during the fourth quarter. Cerity Partners LLC now owns 5,715,012 shares of the company’s stock valued at $1,219,184,000 after purchasing an additional 5,463,111 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Small-Cap ETF by 5.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,432,669 shares of the company’s stock valued at $945,621,000 after purchasing an additional 224,843 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard Small-Cap ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,284,224 shares of the company’s stock valued at $913,954,000 after purchasing an additional 92,176 shares during the period.

Vanguard Small-Cap ETF Price Performance

NYSEARCA VB traded up $0.44 on Thursday, hitting $217.58. 467,490 shares of the company were exchanged, compared to its average volume of 701,325. Vanguard Small-Cap ETF has a twelve month low of $174.84 and a twelve month high of $229.54. The firm has a market capitalization of $53.89 billion, a P/E ratio of 14.11 and a beta of 1.17. The company’s 50 day moving average price is $219.82 and its 200-day moving average price is $217.12.

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.