SP Asset Management LLC Sells 2,219 Shares of Vanguard Small-Cap ETF $VB

SP Asset Management LLC decreased its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,809 shares of the company’s stock after selling 2,219 shares during the quarter. Vanguard Small-Cap ETF makes up 2.2% of SP Asset Management LLC’s investment portfolio, making the stock its 12th largest position. SP Asset Management LLC’s holdings in Vanguard Small-Cap ETF were worth $27,159,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC lifted its holdings in Vanguard Small-Cap ETF by 120.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,016,812 shares of the company’s stock worth $241,687,000 after buying an additional 556,203 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Small-Cap ETF by 26.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,551,461 shares of the company’s stock worth $604,645,000 after acquiring an additional 540,546 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC boosted its holdings in Vanguard Small-Cap ETF by 84.8% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,078,309 shares of the company’s stock valued at $274,193,000 after acquiring an additional 494,886 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Vanguard Small-Cap ETF during the 3rd quarter valued at $57,363,000. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Small-Cap ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock worth $1,226,580,000 after purchasing an additional 215,390 shares in the last quarter.

Vanguard Small-Cap ETF Trading Up 0.7%

NYSEARCA:VB opened at $271.74 on Tuesday. The company has a 50-day moving average price of $265.47 and a 200-day moving average price of $256.20. The stock has a market cap of $72.73 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. Vanguard Small-Cap ETF has a 12 month low of $190.27 and a 12 month high of $279.85.

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.