SVB Wealth LLC Makes New $2.96 Million Investment in Vanguard Small-Cap ETF $VB

SVB Wealth LLC acquired a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the second quarter, HoldingsChannel reports. The fund acquired 12,509 shares of the company’s stock, valued at approximately $2,964,000.

A number of other hedge funds have also recently bought and sold shares of VB. Financial Network Wealth Advisors LLC bought a new stake in shares of Vanguard Small-Cap ETF in the 1st quarter valued at approximately $31,000. Hilltop National Bank bought a new position in Vanguard Small-Cap ETF in the 2nd quarter worth about $36,000. Flaharty Asset Management LLC bought a new position in Vanguard Small-Cap ETF during the first quarter valued at about $38,000. MeadowBrook Investment Advisors LLC purchased a new position in Vanguard Small-Cap ETF during the 2nd quarter worth approximately $39,000. Finally, Anderson Financial Strategies LLC acquired a new position in Vanguard Small-Cap ETF during the first quarter valued at $44,000.

Vanguard Small-Cap ETF Stock Down 0.3%

Shares of NYSEARCA:VB opened at $259.34 on Tuesday. The firm has a fifty day moving average of $254.44 and a two-hundred day moving average of $247.14. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $261.76. The firm has a market capitalization of $69.64 billion, a P/E ratio of 18.27 and a beta of 1.10.

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.