Covenant Asset Management LLC Buys 346 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Covenant Asset Management LLC boosted its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 35.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,309 shares of the company’s stock after purchasing an additional 346 shares during the quarter. Covenant Asset Management LLC’s holdings in Vanguard Small-Cap ETF were worth $311,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VB. Asset Management Group Inc. raised its holdings in Vanguard Small-Cap ETF by 0.4% in the third quarter. Asset Management Group Inc. now owns 52,076 shares of the company’s stock worth $12,353,000 after purchasing an additional 183 shares during the period. Citigroup Inc. raised its stake in Vanguard Small-Cap ETF by 0.3% during the 3rd quarter. Citigroup Inc. now owns 313,488 shares of the company’s stock worth $74,363,000 after buying an additional 1,008 shares during the period. Raymond James Trust N.A. lifted its holdings in Vanguard Small-Cap ETF by 9.8% during the third quarter. Raymond James Trust N.A. now owns 30,361 shares of the company’s stock worth $7,202,000 after acquiring an additional 2,702 shares in the last quarter. RW Investment Management LLC grew its stake in Vanguard Small-Cap ETF by 19.8% in the third quarter. RW Investment Management LLC now owns 29,034 shares of the company’s stock valued at $6,887,000 after acquiring an additional 4,798 shares during the period. Finally, LPL Financial LLC grew its stake in Vanguard Small-Cap ETF by 2.5% in the third quarter. LPL Financial LLC now owns 3,612,385 shares of the company’s stock valued at $856,894,000 after acquiring an additional 87,311 shares during the period.

Vanguard Small-Cap ETF Price Performance

NYSEARCA VB opened at $253.78 on Friday. Vanguard Small-Cap ETF has a one year low of $191.49 and a one year high of $257.26. The firm has a market cap of $62.85 billion, a P/E ratio of 14.11 and a beta of 1.17. The stock’s 50-day moving average is $240.38 and its 200-day moving average is $229.27.

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.