Destination Wealth Management Boosts Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Destination Wealth Management grew its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 60.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,772 shares of the company’s stock after buying an additional 665 shares during the quarter. Destination Wealth Management’s holdings in Vanguard Small-Cap ETF were worth $420,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of Vanguard Small-Cap ETF in the second quarter valued at $41,000. Triad Wealth Partners LLC acquired a new position in Vanguard Small-Cap ETF in the 2nd quarter worth $27,000. Brookstone Capital Management boosted its position in Vanguard Small-Cap ETF by 2.4% in the 2nd quarter. Brookstone Capital Management now owns 79,578 shares of the company’s stock valued at $18,433,000 after buying an additional 1,838 shares during the last quarter. Gradient Investments LLC grew its stake in shares of Vanguard Small-Cap ETF by 73.6% during the second quarter. Gradient Investments LLC now owns 658 shares of the company’s stock valued at $143,000 after acquiring an additional 279 shares in the last quarter. Finally, Peddock Capital Advisors LLC increased its position in shares of Vanguard Small-Cap ETF by 1.7% during the second quarter. Peddock Capital Advisors LLC now owns 39,048 shares of the company’s stock worth $8,514,000 after acquiring an additional 662 shares during the last quarter.

Vanguard Small-Cap ETF Trading Down 0.8 %

Vanguard Small-Cap ETF stock opened at $254.39 on Friday. The stock has a 50 day moving average of $247.38 and a 200-day moving average of $232.91. The stock has a market cap of $63.00 billion, a P/E ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a 52 week low of $200.45 and a 52 week high of $263.35.

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.