Merit Financial Group LLC Buys 27,673 Shares of Vanguard Small-Cap ETF $VB

Merit Financial Group LLC boosted its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 10.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 286,260 shares of the company’s stock after acquiring an additional 27,673 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Small-Cap ETF were worth $73,841,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new stake in Vanguard Small-Cap ETF in the third quarter valued at approximately $324,131,000. Focus Partners Wealth raised its position in shares of Vanguard Small-Cap ETF by 534.1% during the third quarter. Focus Partners Wealth now owns 1,125,295 shares of the company’s stock worth $286,159,000 after purchasing an additional 947,832 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Small-Cap ETF by 120.8% during the second quarter. Corient Private Wealth LLC now owns 1,016,812 shares of the company’s stock worth $241,687,000 after purchasing an additional 556,203 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 84.8% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,078,309 shares of the company’s stock worth $274,193,000 after purchasing an additional 494,886 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Small-Cap ETF by 13.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 3,194,576 shares of the company’s stock worth $812,317,000 after purchasing an additional 372,519 shares in the last quarter.

Vanguard Small-Cap ETF Trading Up 0.5%

NYSEARCA VB opened at $279.57 on Friday. The company has a market cap of $75.55 billion, a P/E ratio of 18.27 and a beta of 1.06. The company has a fifty day simple moving average of $270.30 and a 200 day simple moving average of $263.87. Vanguard Small-Cap ETF has a 12-month low of $200.25 and a 12-month high of $281.90.

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.