Merit Financial Group LLC Purchases 35,428 Shares of Vanguard Small-Cap ETF $VB

Merit Financial Group LLC raised its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 19.9% in the 2nd quarter, Holdings Channel reports. The firm owned 213,314 shares of the company’s stock after buying an additional 35,428 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Small-Cap ETF were worth $50,551,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Alta Wealth Advisors LLC boosted its position in shares of Vanguard Small-Cap ETF by 5.1% during the second quarter. Alta Wealth Advisors LLC now owns 1,766 shares of the company’s stock worth $419,000 after purchasing an additional 86 shares in the last quarter. Gemmer Asset Management LLC raised its stake in Vanguard Small-Cap ETF by 1.2% during the 2nd quarter. Gemmer Asset Management LLC now owns 72,525 shares of the company’s stock worth $17,187,000 after buying an additional 839 shares during the period. Marietta Wealth Management LLC raised its stake in Vanguard Small-Cap ETF by 2.7% during the 2nd quarter. Marietta Wealth Management LLC now owns 69,123 shares of the company’s stock worth $16,381,000 after buying an additional 1,793 shares during the period. Iron Horse Wealth Management LLC lifted its holdings in Vanguard Small-Cap ETF by 3.4% during the second quarter. Iron Horse Wealth Management LLC now owns 64,955 shares of the company’s stock worth $15,393,000 after acquiring an additional 2,110 shares in the last quarter. Finally, Capital City Trust Co. FL grew its stake in Vanguard Small-Cap ETF by 4.7% in the second quarter. Capital City Trust Co. FL now owns 5,105 shares of the company’s stock valued at $1,210,000 after acquiring an additional 231 shares during the period.

Vanguard Small-Cap ETF Price Performance

Shares of Vanguard Small-Cap ETF stock opened at $257.86 on Friday. The company has a market capitalization of $68.19 billion, a P/E ratio of 18.27 and a beta of 1.14. The business has a 50-day moving average of $250.42 and a two-hundred day moving average of $235.06. Vanguard Small-Cap ETF has a 1 year low of $190.27 and a 1 year high of $263.35.

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.