Vanguard Small-Cap ETF (NYSEARCA:VB) Reaches New 1-Year High – Time to Buy?

Vanguard Small-Cap ETF (NYSEARCA:VB) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $283.78 and last traded at $282.80, with a volume of 35761 shares traded. The stock had previously closed at $279.57.

Vanguard Small-Cap ETF Trading Up 1.9%

The firm has a market cap of $77.01 billion, a price-to-earnings ratio of 18.27 and a beta of 1.06. The company’s 50-day moving average is $270.30 and its 200-day moving average is $263.87.

Institutional Trading of Vanguard Small-Cap ETF

A number of hedge funds have recently added to or reduced their stakes in VB. Auto Owners Insurance Co boosted its position in Vanguard Small-Cap ETF by 29,071.8% in the fourth quarter. Auto Owners Insurance Co now owns 72,645,943 shares of the company’s stock valued at $18,739,021,000 after buying an additional 72,396,915 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Small-Cap ETF by 2,422.8% during the fourth quarter. Corient Private Wealth LLC now owns 11,331,335 shares of the company’s stock valued at $2,922,918,000 after acquiring an additional 10,882,179 shares during the last quarter. Align Financial LLC bought a new position in shares of Vanguard Small-Cap ETF during the fourth quarter valued at $717,282,000. CIBC Bancorp USA Inc. bought a new position in shares of Vanguard Small-Cap ETF during the third quarter valued at $324,131,000. Finally, Valpey Financial Services LLC raised its stake in shares of Vanguard Small-Cap ETF by 26,304.7% during the fourth quarter. Valpey Financial Services LLC now owns 954,531 shares of the company’s stock valued at $246,221,000 after acquiring an additional 950,916 shares during the last quarter.

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.