Exchange Traded Concepts LLC Reduces Position in Vanguard Small-Cap ETF $VB

Exchange Traded Concepts LLC decreased its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 89.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,906 shares of the company’s stock after selling 34,272 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard Small-Cap ETF were worth $926,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envision Financial LLC raised its position in Vanguard Small-Cap ETF by 11.7% in the second quarter. Envision Financial LLC now owns 9,436 shares of the company’s stock valued at $2,236,000 after purchasing an additional 989 shares during the period. Fulton Bank N.A. increased its holdings in Vanguard Small-Cap ETF by 2.1% in the second quarter. Fulton Bank N.A. now owns 8,365 shares of the company’s stock valued at $1,982,000 after buying an additional 176 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new stake in Vanguard Small-Cap ETF in the second quarter valued at about $80,000. Cypress Point Wealth Management LLC acquired a new position in Vanguard Small-Cap ETF in the second quarter valued at approximately $2,014,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard Small-Cap ETF by 53.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 384,718 shares of the company’s stock valued at $93,567,000 after acquiring an additional 133,693 shares during the period.

Vanguard Small-Cap ETF Trading Down 0.3%

Shares of NYSEARCA VB opened at $257.14 on Wednesday. The stock has a 50 day simple moving average of $248.68 and a 200-day simple moving average of $233.31. The company has a market cap of $68.66 billion, a PE ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $263.35.

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.