Sagespring Wealth Partners LLC Cuts Stock Position in Vanguard Small-Cap ETF $VB

Sagespring Wealth Partners LLC cut its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 26.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,694 shares of the company’s stock after selling 2,420 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Small-Cap ETF were worth $1,586,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Royal Bank of Canada increased its position in shares of Vanguard Small-Cap ETF by 68.3% in the first quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock valued at $1,102,656,000 after buying an additional 2,018,325 shares in the last quarter. LPL Financial LLC increased its position in shares of Vanguard Small-Cap ETF by 1.0% during the first 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 in the last quarter. Wit LLC increased its position 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 in the last quarter. Ameriprise Financial Inc. increased its position in shares of Vanguard Small-Cap ETF by 2.0% during the first quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock worth $481,031,000 after purchasing an additional 41,742 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Small-Cap ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,010,915 shares of the company’s stock worth $445,920,000 after purchasing an additional 146,007 shares in the last quarter.

Vanguard Small-Cap ETF Stock Performance

Shares of VB opened at $255.61 on Wednesday. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $263.35. The stock has a market capitalization of $68.64 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14. The stock has a 50 day moving average price of $252.17 and a 200 day moving average price of $236.42.

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.