Summit Global Investments Makes New $256,000 Investment in Vanguard Small-Cap ETF $VB

Summit Global Investments bought a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,080 shares of the company’s stock, valued at approximately $256,000.

Other hedge funds have also made changes to their positions in the company. Bar Harbor Wealth Management raised its stake in Vanguard Small-Cap ETF by 2.3% during the 2nd quarter. Bar Harbor Wealth Management now owns 1,905 shares of the company’s stock valued at $451,000 after acquiring an additional 42 shares during the last quarter. USAdvisors Wealth Management LLC increased its holdings in shares of Vanguard Small-Cap ETF by 0.7% in the second quarter. USAdvisors Wealth Management LLC now owns 6,153 shares of the company’s stock valued at $1,459,000 after purchasing an additional 43 shares during the period. Schrum Private Wealth Management LLC increased its holdings in shares of Vanguard Small-Cap ETF by 0.7% in the second quarter. Schrum Private Wealth Management LLC now owns 5,938 shares of the company’s stock valued at $1,407,000 after purchasing an additional 43 shares during the period. Means Investment CO. Inc. raised its stake in shares of Vanguard Small-Cap ETF by 3.0% during the second quarter. Means Investment CO. Inc. now owns 1,493 shares of the company’s stock worth $354,000 after purchasing an additional 43 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its holdings in shares of Vanguard Small-Cap ETF by 0.6% during the second quarter. Verus Capital Partners LLC now owns 7,644 shares of the company’s stock worth $1,811,000 after purchasing an additional 43 shares during the period.

Vanguard Small-Cap ETF Price Performance

NYSEARCA:VB opened at $257.43 on Thursday. The firm has a market cap of $69.13 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. The firm’s fifty day moving average price is $254.05 and its 200 day moving average price is $245.52. Vanguard Small-Cap ETF has a 1-year low of $190.27 and a 1-year high of $262.52.

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.