Somerset Group LLC Sells 3,002 Shares of Vanguard Small-Cap ETF $VB

Somerset Group LLC decreased its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 67.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,420 shares of the company’s stock after selling 3,002 shares during the quarter. Somerset Group LLC’s holdings in Vanguard Small-Cap ETF were worth $361,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC bought a new position in Vanguard Small-Cap ETF in the 3rd quarter worth $65,000. Fortis Capital Management LLC grew its position in shares of Vanguard Small-Cap ETF by 4.4% in the third quarter. Fortis Capital Management LLC now owns 2,761 shares of the company’s stock valued at $702,000 after purchasing an additional 117 shares during the last quarter. Aries Wealth Management increased its stake in shares of Vanguard Small-Cap ETF by 3.7% in the third quarter. Aries Wealth Management now owns 52,145 shares of the company’s stock worth $13,259,000 after purchasing an additional 1,867 shares during the period. Clearstead Advisors LLC increased its stake in shares of Vanguard Small-Cap ETF by 1.3% in the third quarter. Clearstead Advisors LLC now owns 541,189 shares of the company’s stock worth $137,614,000 after purchasing an additional 6,951 shares during the period. Finally, Washington Trust Advisors Inc. lifted its position in shares of Vanguard Small-Cap ETF by 0.9% during the 3rd quarter. Washington Trust Advisors Inc. now owns 10,584 shares of the company’s stock worth $2,691,000 after purchasing an additional 95 shares during the last quarter.

Vanguard Small-Cap ETF Stock Down 1.6%

Shares of NYSEARCA:VB opened at $274.54 on Tuesday. The company has a market cap of $73.48 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. The business has a 50 day moving average price of $270.35 and a 200 day moving average price of $259.66. Vanguard Small-Cap ETF has a twelve month low of $190.27 and a twelve 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.