Merit Financial Group LLC Has $65.76 Million Stock Holdings in Vanguard Small-Cap ETF $VB

Merit Financial Group LLC raised its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 21.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 258,612 shares of the company’s stock after purchasing an additional 45,298 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Small-Cap ETF were worth $65,760,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Promus Capital LLC bought a new stake in Vanguard Small-Cap ETF in the second quarter valued at about $28,000. Clarity Asset Management Inc. acquired a new position in shares of Vanguard Small-Cap ETF during the 2nd quarter worth about $30,000. Chesapeake Asset Management LLC grew its position in shares of Vanguard Small-Cap ETF by 116.4% during the 3rd quarter. Chesapeake Asset Management LLC now owns 132 shares of the company’s stock worth $34,000 after buying an additional 71 shares during the period. Hilltop National Bank bought a new stake in shares of Vanguard Small-Cap ETF in the 2nd quarter valued at about $36,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Vanguard Small-Cap ETF in the 1st quarter valued at approximately $38,000.

Vanguard Small-Cap ETF Price Performance

Vanguard Small-Cap ETF stock opened at $260.47 on Wednesday. The company’s 50 day simple moving average is $256.56 and its 200 day simple moving average is $250.69. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $266.92. The firm has a market capitalization of $69.94 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10.

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.