Sagace Wealth Management LLC Sells 7,632 Shares of Vanguard Small-Cap ETF $VB

Sagace Wealth Management LLC reduced its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 33.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 15,132 shares of the company’s stock after selling 7,632 shares during the quarter. Vanguard Small-Cap ETF accounts for about 2.7% of Sagace Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. Sagace Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $3,586,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. Valmark Advisers Inc. lifted its stake in shares of Vanguard Small-Cap ETF by 0.4% in the 2nd quarter. Valmark Advisers Inc. now owns 32,645 shares of the company’s stock valued at $7,736,000 after purchasing an additional 127 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Small-Cap ETF during the first quarter valued at $33,000. Bear Mountain Capital Inc. raised its stake in Vanguard Small-Cap ETF by 6.7% during the first quarter. Bear Mountain Capital Inc. now owns 44,968 shares of the company’s stock valued at $9,748,000 after buying an additional 2,806 shares during the last quarter. Northcape Wealth Management LLC purchased a new position in Vanguard Small-Cap ETF during the first quarter valued at $240,000. Finally, Kathmere Capital Management LLC raised its stake in Vanguard Small-Cap ETF by 2.7% during the first quarter. Kathmere Capital Management LLC now owns 46,244 shares of the company’s stock valued at $10,255,000 after buying an additional 1,219 shares during the last quarter.

Vanguard Small-Cap ETF Trading Up 1.0%

Shares of NYSEARCA:VB opened at $255.61 on Wednesday. The stock has a fifty day simple moving average of $252.17 and a two-hundred day simple moving average of $236.42. The stock has a market capitalization of $68.64 billion, a price-to-earnings ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a 12-month low of $190.27 and a 12-month high of $263.35.

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.