Pinnacle Associates Ltd. cut its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB – Free Report) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 441,387 shares of the company’s stock after selling 7,168 shares during the period. Vanguard Small-Cap ETF makes up approximately 1.5% of Pinnacle Associates Ltd.’s investment portfolio, making the stock its 11th largest holding. Pinnacle Associates Ltd.’s holdings in Vanguard Small-Cap ETF were worth $104,600,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Arjuna Capital acquired a new stake in shares of Vanguard Small-Cap ETF during the first quarter worth $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard Small-Cap ETF during the first quarter worth $30,000. Evergreen Private Wealth LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the first quarter worth $31,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the first quarter worth $31,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in Vanguard Small-Cap ETF in the first quarter valued at about $33,000.
Vanguard Small-Cap ETF Trading Down 0.9%
NYSEARCA:VB opened at $253.16 on Friday. Vanguard Small-Cap ETF has a 1 year low of $190.27 and a 1 year high of $263.35. The stock has a market cap of $67.98 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. The stock has a 50-day moving average price of $255.01 and a two-hundred day moving average price of $240.39.
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.
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