Tectonic Advisors LLC Has $16.91 Million Stock Position in Vanguard Small-Cap ETF $VB

Tectonic Advisors LLC grew its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 6.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,372 shares of the company’s stock after buying an additional 4,070 shares during the quarter. Vanguard Small-Cap ETF accounts for about 1.0% of Tectonic Advisors LLC’s holdings, making the stock its 15th biggest position. Tectonic Advisors LLC’s holdings in Vanguard Small-Cap ETF were worth $16,914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Vanguard Small-Cap ETF by 68.3% during the first quarter. Royal Bank of Canada now owns 4,972,523 shares of the company’s stock worth $1,102,656,000 after purchasing an additional 2,018,325 shares during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Small-Cap ETF by 1.0% during the first quarter. LPL Financial LLC now owns 3,826,253 shares of the company’s stock worth $848,472,000 after purchasing an additional 36,930 shares during the last quarter. Wit LLC boosted its holdings in Vanguard Small-Cap ETF by 254,243.2% during the first quarter. Wit LLC now owns 2,248,394 shares of the company’s stock worth $498,581,000 after purchasing an additional 2,247,510 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Vanguard Small-Cap ETF by 2.0% during the first quarter. Ameriprise Financial Inc. now owns 2,169,368 shares of the company’s stock worth $481,031,000 after purchasing an additional 41,742 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Small-Cap ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,010,915 shares of the company’s stock worth $445,920,000 after purchasing an additional 146,007 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

Vanguard Small-Cap ETF stock opened at $257.98 on Thursday. The stock has a market cap of $68.22 billion, a PE ratio of 18.27 and a beta of 1.14. Vanguard Small-Cap ETF has a fifty-two week low of $190.27 and a fifty-two week high of $263.35. The firm’s 50-day simple moving average is $251.16 and its 200 day simple moving average is $235.65.

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.