Vanguard Small-Cap ETF (NYSEARCA:VB) Sets New 52-Week High – Here’s What Happened

Vanguard Small-Cap ETF (NYSEARCA:VB) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $304.73 and last traded at $304.70, with a volume of 209363 shares changing hands. The stock had previously closed at $299.64.

Vanguard Small-Cap ETF Stock Performance

The company has a market cap of $82.25 billion, a price-to-earnings ratio of 18.27 and a beta of 1.04. The company’s 50 day moving average price is $296.11 and its 200-day moving average price is $282.36.

Hedge Funds Weigh In On Vanguard Small-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Auto Owners Insurance Co grew its holdings in shares of Vanguard Small-Cap ETF by 29,071.8% during the fourth quarter. Auto Owners Insurance Co now owns 72,645,943 shares of the company’s stock valued at $18,739,021,000 after buying an additional 72,396,915 shares in the last quarter. Corient Private Wealth LLC increased its holdings in Vanguard Small-Cap ETF by 2,422.8% in the fourth quarter. Corient Private Wealth LLC now owns 11,331,335 shares of the company’s stock worth $2,922,918,000 after buying an additional 10,882,179 shares during the last quarter. Align Financial LLC acquired a new position in shares of Vanguard Small-Cap ETF during the 4th quarter worth $717,282,000. Valpey Financial Services LLC raised its holdings in Vanguard Small-Cap ETF by 26,304.7% during the fourth quarter. Valpey Financial Services LLC now owns 954,531 shares of the company’s stock valued at $246,221,000 after buying an additional 950,916 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Vanguard Small-Cap ETF by 119.4% during the 1st quarter. Fifth Third Bancorp now owns 678,702 shares of the company’s stock valued at $177,766,000 after acquiring an additional 369,321 shares during the last quarter.

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.