Summit Global Investments Makes New $8.46 Million Investment in Vanguard Small-Cap ETF (NYSEARCA:VB)

Summit Global Investments acquired a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 39,651 shares of the company’s stock, valued at approximately $8,459,000.

A number of other hedge funds have also recently added to or reduced their stakes in VB. Morgan Stanley raised its stake in shares of Vanguard Small-Cap ETF by 2.8% during the third quarter. Morgan Stanley now owns 6,927,236 shares of the company’s stock valued at $1,309,733,000 after purchasing an additional 191,676 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Small-Cap ETF by 0.6% during the third quarter. Jones Financial Companies Lllp now owns 6,511,387 shares of the company’s stock valued at $1,231,108,000 after purchasing an additional 40,860 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Vanguard Small-Cap ETF by 2,168.8% during the fourth quarter. Cerity Partners LLC now owns 5,715,012 shares of the company’s stock valued at $1,219,184,000 after purchasing an additional 5,463,111 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Small-Cap ETF by 5.7% in the third quarter. Envestnet Asset Management Inc. now owns 4,207,826 shares of the company’s stock worth $795,574,000 after acquiring an additional 228,503 shares in the last quarter. Finally, UBS Group AG raised its position in Vanguard Small-Cap ETF by 2.0% in the third quarter. UBS Group AG now owns 3,716,081 shares of the company’s stock worth $702,599,000 after acquiring an additional 71,684 shares in the last quarter.

Vanguard Small-Cap ETF Stock Up 1.2 %

Vanguard Small-Cap ETF stock traded up $2.54 during midday trading on Thursday, hitting $216.36. The company’s stock had a trading volume of 592,340 shares, compared to its average volume of 801,820. The stock’s 50-day moving average price is $220.10 and its 200-day moving average price is $207.58. Vanguard Small-Cap ETF has a 12 month low of $174.84 and a 12 month high of $229.54. The company has a market capitalization of $53.59 billion, a PE ratio of 14.11 and a beta of 1.17.

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.