Pinnacle Associates Ltd. Acquires 6,349 Shares of Vanguard Small-Cap ETF $VB

Pinnacle Associates Ltd. grew its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 469,034 shares of the company’s stock after buying an additional 6,349 shares during the quarter. Vanguard Small-Cap ETF accounts for approximately 1.5% of Pinnacle Associates Ltd.’s portfolio, making the stock its 12th largest holding. Pinnacle Associates Ltd.’s holdings in Vanguard Small-Cap ETF were worth $133,435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Integrated Advisors Network LLC increased its stake in Vanguard Small-Cap ETF by 0.4% in the 3rd quarter. Integrated Advisors Network LLC now owns 22,121 shares of the company’s stock worth $6,293,000 after purchasing an additional 92 shares during the period. Mason & Associates LLC lifted its position in Vanguard Small-Cap ETF by 94.4% in the third quarter. Mason & Associates LLC now owns 89,826 shares of the company’s stock valued at $25,555,000 after purchasing an additional 43,617 shares during the last quarter. Bluestem Financial Advisors LLC lifted its position in Vanguard Small-Cap ETF by 1.7% in the third quarter. Bluestem Financial Advisors LLC now owns 123,092 shares of the company’s stock valued at $35,019,000 after purchasing an additional 2,096 shares during the last quarter. Hegarty Advisors LLC boosted its stake in shares of Vanguard Small-Cap ETF by 2.6% during the third quarter. Hegarty Advisors LLC now owns 4,818 shares of the company’s stock valued at $1,371,000 after purchasing an additional 120 shares during the period. Finally, MBM Wealth Consultants LLC boosted its stake in shares of Vanguard Small-Cap ETF by 3.4% during the third quarter. MBM Wealth Consultants LLC now owns 80,648 shares of the company’s stock valued at $22,943,000 after purchasing an additional 2,684 shares during the period.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA:VB opened at $288.04 on Wednesday. Vanguard Small-Cap ETF has a fifty-two week low of $241.17 and a fifty-two week high of $309.51. The firm has a market cap of $77.91 billion, a PE ratio of 18.27 and a beta of 1.06. The business has a 50 day moving average price of $294.44 and a 200-day moving average price of $292.05.

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.