Avidian Wealth Enterprises LLC Buys 243 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Avidian Wealth Enterprises LLC raised its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 13.2% in the 3rd quarter, Holdings Channel reports. The firm owned 2,088 shares of the company’s stock after acquiring an additional 243 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard Small-Cap ETF were worth $495,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in Vanguard Small-Cap ETF by 6.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after purchasing an additional 313,316 shares in the last quarter. LPL Financial LLC raised its position in shares of Vanguard Small-Cap ETF by 3.9% during the 2nd quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock valued at $768,607,000 after buying an additional 131,521 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Small-Cap ETF by 8.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock valued at $473,335,000 after acquiring an additional 176,660 shares during the last quarter. Creative Planning grew its position in Vanguard Small-Cap ETF by 0.6% in the third quarter. Creative Planning now owns 1,880,342 shares of the company’s stock worth $446,036,000 after acquiring an additional 10,410 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in Vanguard Small-Cap ETF by 24.7% during the first quarter. Captrust Financial Advisors now owns 1,627,553 shares of the company’s stock worth $372,042,000 after acquiring an additional 322,291 shares during the last quarter.

Vanguard Small-Cap ETF Price Performance

NYSEARCA:VB opened at $251.24 on Friday. The firm has a market capitalization of $62.22 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The business has a 50 day simple moving average of $235.11 and a 200-day simple moving average of $226.67. Vanguard Small-Cap ETF has a 1 year low of $180.92 and a 1 year high of $252.78.

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.