Glenmede Investment Management LP Boosts Holdings in Vanguard Small-Cap ETF $VB

Glenmede Investment Management LP grew its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 892,178 shares of the company’s stock after purchasing an additional 33,863 shares during the period. Vanguard Small-Cap ETF makes up 1.1% of Glenmede Investment Management LP’s investment portfolio, making the stock its 16th largest holding. Glenmede Investment Management LP owned approximately 0.33% of Vanguard Small-Cap ETF worth $226,863,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC raised its stake in Vanguard Small-Cap ETF by 120.8% in the second quarter. Corient Private Wealth LLC now owns 1,016,812 shares of the company’s stock worth $241,687,000 after buying an additional 556,203 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Small-Cap ETF by 26.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,551,461 shares of the company’s stock valued at $604,645,000 after acquiring an additional 540,546 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in Vanguard Small-Cap ETF by 84.8% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,078,309 shares of the company’s stock valued at $274,193,000 after acquiring an additional 494,886 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Vanguard Small-Cap ETF during the 3rd quarter worth approximately $57,363,000. Finally, Ameriprise Financial Inc. raised its position in shares of Vanguard Small-Cap ETF by 8.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,342,693 shares of the company’s stock worth $554,795,000 after acquiring an additional 173,325 shares in the last quarter.

Vanguard Small-Cap ETF Stock Performance

Shares of NYSEARCA:VB opened at $260.61 on Friday. The firm has a market capitalization of $69.75 billion, a P/E ratio of 18.27 and a beta of 1.10. The stock has a 50 day moving average price of $273.22 and a 200-day moving average price of $261.93. Vanguard Small-Cap ETF has a 52-week low of $190.27 and a 52-week high of $281.90.

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.