Diversify Wealth Management LLC Invests $6.84 Million in Vanguard Small-Cap ETF (NYSEARCA:VB)

Diversify Wealth Management LLC purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 31,860 shares of the company’s stock, valued at approximately $6,843,000. Vanguard Small-Cap ETF accounts for approximately 0.8% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its stake in Vanguard Small-Cap ETF by 27,056.7% in the second quarter. Strategic Financial Concepts LLC now owns 1,623,701 shares of the company’s stock worth $354,032,000 after purchasing an additional 1,617,722 shares during the period. Signaturefd LLC increased its stake in Vanguard Small-Cap ETF by 82.4% in the 1st quarter. Signaturefd LLC now owns 1,429,220 shares of the company’s stock worth $326,705,000 after buying an additional 645,835 shares during the period. Pathstone Holdings LLC bought a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at about $85,800,000. Cetera Investment Advisers lifted its holdings in Vanguard Small-Cap ETF by 255.6% during the 1st quarter. Cetera Investment Advisers now owns 482,068 shares of the company’s stock valued at $110,196,000 after buying an additional 346,493 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Vanguard Small-Cap ETF by 24.7% in 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 Stock Performance

Shares of NYSEARCA:VB opened at $230.72 on Friday. The firm’s 50 day simple moving average is $226.27 and its 200-day simple moving average is $222.37. Vanguard Small-Cap ETF has a one year low of $174.84 and a one year high of $236.96. The firm has a market cap of $57.14 billion, a PE ratio of 14.11 and a beta of 1.17.

Vanguard Small-Cap ETF Company 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.