Summit Investment Advisors Inc. Boosts Stock Position in Vanguard Small-Cap ETF $VB

Summit Investment Advisors Inc. raised its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 15.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,285 shares of the company’s stock after purchasing an additional 1,549 shares during the period. Summit Investment Advisors Inc.’s holdings in Vanguard Small-Cap ETF were worth $2,503,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Small-Cap ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,176,056 shares of the company’s stock valued at $1,226,580,000 after buying an additional 215,390 shares during the period. Royal Bank of Canada raised its holdings in Vanguard Small-Cap ETF by 68.3% in the 1st quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after acquiring an additional 2,018,325 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Small-Cap ETF by 1.0% during the 1st quarter. LPL Financial LLC now owns 3,826,253 shares of the company’s stock worth $848,472,000 after purchasing an additional 36,930 shares during the period. Wit LLC boosted its holdings in shares of Vanguard Small-Cap ETF by 254,243.2% during the first quarter. Wit LLC now owns 2,248,394 shares of the company’s stock worth $498,581,000 after purchasing an additional 2,247,510 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Vanguard Small-Cap ETF by 2.0% in the first quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock valued at $481,031,000 after purchasing an additional 41,742 shares during the period.

Vanguard Small-Cap ETF Trading Up 1.2%

Vanguard Small-Cap ETF stock opened at $253.41 on Friday. The stock has a fifty day moving average price of $255.11 and a 200 day moving average price of $242.59. Vanguard Small-Cap ETF has a 52 week low of $190.27 and a 52 week high of $263.35. The firm has a market capitalization of $68.05 billion, a P/E ratio of 18.27 and a beta of 1.10.

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.