Krane Financial Solutions LLC Makes New Investment in Vanguard Small-Cap ETF $VB

Krane Financial Solutions LLC purchased a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 35,096 shares of the company’s stock, valued at approximately $9,192,000. Vanguard Small-Cap ETF accounts for approximately 6.3% of Krane Financial Solutions LLC’s investment portfolio, making the stock its 6th largest position.

Other institutional investors also recently modified their holdings of the company. Costello Asset Management INC bought a new position in Vanguard Small-Cap ETF during the fourth quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in Vanguard Small-Cap ETF during the fourth quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Vanguard Small-Cap ETF during the fourth quarter valued at $28,000. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter worth about $35,000. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter worth about $39,000.

Vanguard Small-Cap ETF Trading Down 0.2%

VB stock opened at $295.14 on Friday. The stock has a 50-day moving average price of $295.90 and a 200-day moving average price of $282.10. Vanguard Small-Cap ETF has a 1-year low of $234.49 and a 1-year high of $304.70. The firm has a market cap of $79.45 billion, a PE ratio of 18.27 and a beta of 1.04.

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.