Vanguard Small-Cap ETF (NYSEARCA:VB) Hits New 52-Week High – What’s Next?

Vanguard Small-Cap ETF (NYSEARCA:VB)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $242.93 and last traded at $242.46, with a volume of 53008 shares trading hands. The stock had previously closed at $242.40.

Vanguard Small-Cap ETF Trading Up 0.2 %

The company has a market cap of $60.06 billion, a PE ratio of 14.11 and a beta of 1.17. The company has a fifty day simple moving average of $232.11 and a two-hundred day simple moving average of $224.78.

Institutional Investors Weigh In On Vanguard Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in Vanguard Small-Cap ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after purchasing an additional 313,316 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Small-Cap ETF by 3.9% during the 2nd quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock worth $768,607,000 after buying an additional 131,521 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard Small-Cap ETF by 8.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock valued at $473,335,000 after buying an additional 176,660 shares in the last quarter. Creative Planning grew its position in shares of Vanguard Small-Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock valued at $446,036,000 after buying an additional 10,410 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in Vanguard Small-Cap ETF by 24.7% during the 1st quarter. Captrust Financial Advisors now owns 1,627,553 shares of the company’s stock worth $372,042,000 after acquiring an additional 322,291 shares in the last quarter.

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.