Brown Advisory Inc. Decreases Stock Holdings in Vanguard Small-Cap ETF $VB

Brown Advisory Inc. reduced its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 24.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,741 shares of the company’s stock after selling 30,613 shares during the quarter. Brown Advisory Inc.’s holdings in Vanguard Small-Cap ETF were worth $22,926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. SCS Capital Management LLC boosted its holdings in shares of Vanguard Small-Cap ETF by 23.6% during the second quarter. SCS Capital Management LLC now owns 136,744 shares of the company’s stock worth $32,423,000 after purchasing an additional 26,082 shares during the period. GeoWealth Management LLC raised its position in Vanguard Small-Cap ETF by 19.9% during the 2nd quarter. GeoWealth Management LLC now owns 49,309 shares of the company’s stock valued at $11,685,000 after purchasing an additional 8,167 shares during the last quarter. Great Diamond Partners LLC purchased a new stake in Vanguard Small-Cap ETF in the 2nd quarter worth approximately $348,000. Baird Financial Group Inc. grew its position in shares of Vanguard Small-Cap ETF by 11.2% in the 2nd quarter. Baird Financial Group Inc. now owns 775,674 shares of the company’s stock worth $183,819,000 after buying an additional 78,416 shares during the last quarter. Finally, Crescent Grove Advisors LLC purchased a new position in shares of Vanguard Small-Cap ETF during the second quarter valued at approximately $470,000.

Vanguard Small-Cap ETF Stock Down 0.0%

Shares of Vanguard Small-Cap ETF stock opened at $260.19 on Friday. The business has a 50 day moving average of $254.34 and a 200 day moving average of $246.77. Vanguard Small-Cap ETF has a 52 week low of $190.27 and a 52 week high of $261.76. The company has a market cap of $69.87 billion, a PE ratio of 18.27 and a beta of 1.10.

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.