Objective Capital Management LLC Invests $3.34 Million in Vanguard Small-Cap ETF (NYSEARCA:VB)

Objective Capital Management LLC purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 14,077 shares of the company’s stock, valued at approximately $3,339,000. Vanguard Small-Cap ETF comprises approximately 2.0% of Objective Capital Management LLC’s investment portfolio, making the stock its 10th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tompkins Financial Corp raised its stake in Vanguard Small-Cap ETF by 18.1% during the 3rd quarter. Tompkins Financial Corp now owns 15,439 shares of the company’s stock valued at $3,662,000 after acquiring an additional 2,369 shares in the last quarter. Fairway Wealth LLC increased its holdings in shares of Vanguard Small-Cap ETF by 5.4% in the third quarter. Fairway Wealth LLC now owns 4,441 shares of the company’s stock valued at $1,053,000 after buying an additional 227 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Vanguard Small-Cap ETF by 0.9% during the third quarter. Assetmark Inc. now owns 288,391 shares of the company’s stock valued at $68,409,000 after purchasing an additional 2,555 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in shares of Vanguard Small-Cap ETF by 22.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 1,755 shares of the company’s stock valued at $416,000 after purchasing an additional 323 shares during the period. Finally, Rockbridge Investment Management LCC increased its stake in Vanguard Small-Cap ETF by 2.8% in the 3rd quarter. Rockbridge Investment Management LCC now owns 6,517 shares of the company’s stock worth $1,546,000 after purchasing an additional 176 shares in the last quarter.

Vanguard Small-Cap ETF Stock Up 0.8 %

Shares of VB traded up $1.90 during mid-day trading on Friday, reaching $253.14. The company’s stock had a trading volume of 1,026,916 shares, compared to its average volume of 668,479. Vanguard Small-Cap ETF has a 1 year low of $180.92 and a 1 year high of $253.57. The company has a market cap of $62.70 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The business has a fifty day moving average of $235.89 and a 200 day moving average of $227.12.

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.