NewCorp Financial Services Inc. Invests $5.97 Million in Vanguard Small-Cap ETF $VB

NewCorp Financial Services Inc. acquired a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 23,138 shares of the company’s stock, valued at approximately $5,968,000. Vanguard Small-Cap ETF accounts for about 5.3% of NewCorp Financial Services Inc.’s investment portfolio, making the stock its 8th largest holding.

Several other institutional investors have also modified their holdings of the company. Peapack Gladstone Financial Corp lifted its position in shares of Vanguard Small-Cap ETF by 3.8% during the 4th quarter. Peapack Gladstone Financial Corp now owns 407,296 shares of the company’s stock worth $105,062,000 after purchasing an additional 14,827 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in shares of Vanguard Small-Cap ETF by 8.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,291 shares of the company’s stock worth $332,000 after purchasing an additional 103 shares during the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Vanguard Small-Cap ETF during the 4th quarter worth $258,000. Essex Financial Services Inc. lifted its position in shares of Vanguard Small-Cap ETF by 6.1% during the 4th quarter. Essex Financial Services Inc. now owns 25,258 shares of the company’s stock worth $6,515,000 after purchasing an additional 1,444 shares during the last quarter. Finally, Founders Financial Securities LLC lifted its position in shares of Vanguard Small-Cap ETF by 138.4% during the 4th quarter. Founders Financial Securities LLC now owns 3,399 shares of the company’s stock worth $877,000 after purchasing an additional 1,973 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

Vanguard Small-Cap ETF stock opened at $293.51 on Monday. The stock has a market cap of $79.32 billion, a P/E ratio of 18.27 and a beta of 1.05. The company has a fifty day simple moving average of $277.97 and a 200-day simple moving average of $270.33. Vanguard Small-Cap ETF has a 12-month low of $224.66 and a 12-month high of $294.75.

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.