Independent Wealth Network Inc. Makes New $517,000 Investment in Vanguard Small-Cap ETF $VB

Independent Wealth Network Inc. bought a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,973 shares of the company’s stock, valued at approximately $517,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Vanguard Small-Cap ETF by 36.5% in the 4th quarter. Brighton Jones LLC now owns 11,978 shares of the company’s stock worth $2,878,000 after buying an additional 3,200 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Vanguard Small-Cap ETF by 11.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,941 shares of the company’s stock worth $2,148,000 after acquiring an additional 920 shares in the last quarter. Aspire Growth Partners LLC raised its holdings in shares of Vanguard Small-Cap ETF by 5.0% during the second quarter. Aspire Growth Partners LLC now owns 2,342 shares of the company’s stock worth $555,000 after acquiring an additional 111 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Vanguard Small-Cap ETF by 8.5% during the second quarter. Russell Investments Group Ltd. now owns 4,983 shares of the company’s stock valued at $1,181,000 after purchasing an additional 389 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Vanguard Small-Cap ETF during the second quarter valued at $252,000.

Vanguard Small-Cap ETF Price Performance

Shares of VB stock opened at $299.49 on Friday. Vanguard Small-Cap ETF has a fifty-two week low of $234.49 and a fifty-two week high of $302.20. The stock’s 50-day moving average is $289.43 and its two-hundred day moving average is $276.03. The firm has a market cap of $80.93 billion, a P/E ratio of 18.27 and a beta of 1.05.

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.