Peirce Capital Management LLC Buys New Holdings in Vanguard Small-Cap ETF $VB

Peirce Capital Management LLC bought a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) in the first quarter, Holdings Channel reports. The institutional investor bought 1,995 shares of the company’s stock, valued at approximately $523,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VB. Costello Asset Management INC acquired a new position in shares of Vanguard Small-Cap ETF in the 4th quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Vanguard Small-Cap ETF during the 4th quarter valued at about $25,000. Aventura Private Wealth LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the 4th quarter valued at about $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Vanguard Small-Cap ETF in the fourth quarter valued at about $28,000. Finally, GGM Financials LLC acquired a new position in Vanguard Small-Cap ETF in the third quarter worth about $29,000.

Vanguard Small-Cap ETF Stock Up 0.8%

Shares of VB opened at $299.61 on Friday. The stock has a market cap of $80.97 billion, a price-to-earnings ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a 12 month low of $234.49 and a 12 month high of $302.20. The company has a 50-day moving average price of $289.00 and a two-hundred day moving average price of $275.86.

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.