Archer Investment Corp Cuts Stake in Vanguard Small-Cap ETF (NYSEARCA:VB)

Archer Investment Corp reduced its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 1,396 shares of the company’s stock after selling 50 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Small-Cap ETF were worth $331,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VB. BNP Paribas Financial Markets increased its position in shares of Vanguard Small-Cap ETF by 75.7% during the first quarter. BNP Paribas Financial Markets now owns 478 shares of the company’s stock valued at $109,000 after buying an additional 206 shares during the period. Sei Investments Co. increased its position in shares of Vanguard Small-Cap ETF by 5.8% during the first quarter. Sei Investments Co. now owns 11,655 shares of the company’s stock valued at $2,664,000 after buying an additional 634 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Vanguard Small-Cap ETF during the first quarter valued at about $62,000. Kingsview Wealth Management LLC increased its position in shares of Vanguard Small-Cap ETF by 10.0% during the first quarter. Kingsview Wealth Management LLC now owns 7,016 shares of the company’s stock valued at $1,604,000 after buying an additional 640 shares during the period. Finally, HBK Sorce Advisory LLC increased its position in shares of Vanguard Small-Cap ETF by 21.0% during the first quarter. HBK Sorce Advisory LLC now owns 1,871 shares of the company’s stock valued at $428,000 after buying an additional 325 shares during the period.

Vanguard Small-Cap ETF Stock Down 0.7 %

Shares of VB stock traded down $1.81 during trading on Friday, hitting $247.32. The company had a trading volume of 133,667 shares, compared to its average volume of 673,282. The stock has a market capitalization of $61.25 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The stock’s 50-day moving average is $237.84 and its two-hundred day moving average is $228.13. Vanguard Small-Cap ETF has a 52 week low of $189.06 and a 52 week high of $257.26.

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.