First American Bank Decreases Stake in Vanguard Small-Cap ETF $VB

First American Bank trimmed its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 7.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,259 shares of the company’s stock after selling 488 shares during the period. First American Bank’s holdings in Vanguard Small-Cap ETF were worth $1,483,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of Vanguard Small-Cap ETF by 68.3% during 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 during the period. LPL Financial LLC grew its stake in 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 valued at $848,472,000 after acquiring an additional 36,930 shares in the last quarter. Wit LLC grew its stake in 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 valued at $498,581,000 after acquiring an additional 2,247,510 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Vanguard Small-Cap ETF by 2.0% during the 1st quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock worth $481,031,000 after acquiring an additional 41,742 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Small-Cap ETF by 7.8% in the 1st 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 Price Performance

VB opened at $254.83 on Friday. The firm has a market capitalization of $68.04 billion, a P/E ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $263.35. The company has a fifty day moving average price of $249.38 and a 200-day moving average price of $233.89.

Vanguard Small-Cap ETF 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.