Vanguard Small-Cap ETF (NYSEARCA:VB) Shares Purchased by Destination Wealth Management

Destination Wealth Management lifted its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 60.1% during the third quarter, Holdings Channel reports. The firm owned 1,772 shares of the company’s stock after buying an additional 665 shares during the period. Destination Wealth Management’s holdings in Vanguard Small-Cap ETF were worth $420,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. ORG Wealth Partners LLC bought a new position in Vanguard Small-Cap ETF in the 3rd quarter worth approximately $28,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Small-Cap ETF in the second quarter worth about $27,000. Kozak & Associates Inc. acquired a new position in Vanguard Small-Cap ETF during the 3rd quarter valued at about $34,000. Loomis Sayles & Co. L P raised its position in shares of Vanguard Small-Cap ETF by 305.3% during the 3rd quarter. Loomis Sayles & Co. L P now owns 154 shares of the company’s stock worth $37,000 after buying an additional 116 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of Vanguard Small-Cap ETF in the 3rd quarter worth approximately $37,000.

Vanguard Small-Cap ETF Stock Performance

Shares of NYSEARCA VB opened at $254.39 on Friday. The firm has a market cap of $63.00 billion, a P/E ratio of 14.11 and a beta of 1.17. The stock has a fifty day moving average price of $247.38 and a two-hundred day moving average price of $232.91. Vanguard Small-Cap ETF has a 1 year low of $200.45 and a 1 year 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.