Vanguard Small-Cap ETF (NYSEARCA:VB) Shares Sold by Arrow Financial Corp

Arrow Financial Corp cut its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,997 shares of the company’s stock after selling 4,764 shares during the period. Vanguard Small-Cap ETF makes up about 1.2% of Arrow Financial Corp’s investment portfolio, making the stock its 24th largest holding. Arrow Financial Corp’s holdings in Vanguard Small-Cap ETF were worth $12,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in Vanguard Small-Cap ETF by 6.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock worth $1,089,782,000 after acquiring an additional 313,316 shares during the period. LPL Financial LLC lifted its holdings in Vanguard Small-Cap ETF by 3.9% in the second quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock worth $768,607,000 after purchasing an additional 131,521 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard Small-Cap ETF by 8.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock worth $473,335,000 after purchasing an additional 176,660 shares during the period. Creative Planning grew its position in 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 in the last quarter. Finally, Captrust Financial Advisors increased 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 valued at $372,042,000 after buying an additional 322,291 shares during the period.

Vanguard Small-Cap ETF Trading Up 0.8 %

Shares of NYSEARCA:VB opened at $253.14 on Friday. The company has a 50 day moving average of $235.89 and a 200-day moving average of $227.12. The firm has a market cap of $62.70 billion, a P/E ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a twelve month low of $180.92 and a twelve month high of $253.57.

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.