Focus Financial Network Inc. Sells 7,027 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Focus Financial Network Inc. reduced its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 47.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,918 shares of the company’s stock after selling 7,027 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Small-Cap ETF were worth $1,903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 2.5% in the third quarter. LPL Financial LLC now owns 3,612,385 shares of the company’s stock worth $856,894,000 after acquiring an additional 87,311 shares during the last quarter. Captrust Financial Advisors increased its holdings in Vanguard Small-Cap ETF by 3.7% in the third quarter. Captrust Financial Advisors now owns 1,942,941 shares of the company’s stock valued at $460,885,000 after purchasing an additional 69,830 shares during the period. Creative Planning grew its position in shares of Vanguard Small-Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock valued at $446,036,000 after buying an additional 10,410 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Vanguard Small-Cap ETF by 1.1% in the third quarter. PNC Financial Services Group Inc. now owns 1,872,168 shares of the company’s stock valued at $444,097,000 after buying an additional 20,175 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in shares of Vanguard Small-Cap ETF by 24,676.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,593,853 shares of the company’s stock worth $382,971,000 after acquiring an additional 1,587,420 shares during the last quarter.

Vanguard Small-Cap ETF Price Performance

Shares of VB stock opened at $246.78 on Wednesday. Vanguard Small-Cap ETF has a one year low of $208.65 and a one year high of $263.35. The business’s 50 day simple moving average is $247.84 and its 200 day simple moving average is $240.48. The stock has a market capitalization of $61.12 billion, a PE ratio of 14.11 and a beta of 1.17.

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.