Arax Advisory Partners Makes New Investment in Vanguard Small-Cap ETF $VB

Arax Advisory Partners bought a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 124,526 shares of the company’s stock, valued at approximately $32,121,000. Vanguard Small-Cap ETF makes up approximately 0.9% of Arax Advisory Partners’ investment portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley lifted its stake in Vanguard Small-Cap ETF by 1.1% in the 4th quarter. Morgan Stanley now owns 7,864,543 shares of the company’s stock worth $2,028,659,000 after purchasing an additional 84,999 shares in the last quarter. UBS Group AG lifted its stake in Vanguard Small-Cap ETF by 1.7% in the 4th quarter. UBS Group AG now owns 3,916,098 shares of the company’s stock worth $1,010,157,000 after purchasing an additional 65,686 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Vanguard Small-Cap ETF by 13.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 3,194,576 shares of the company’s stock worth $812,317,000 after purchasing an additional 372,519 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Small-Cap ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,747,982 shares of the company’s stock worth $708,842,000 after purchasing an additional 70,024 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Vanguard Small-Cap ETF by 5.2% in the 3rd quarter. Captrust Financial Advisors now owns 2,513,129 shares of the company’s stock worth $639,038,000 after purchasing an additional 124,673 shares in the last quarter.

Vanguard Small-Cap ETF Price Performance

NYSEARCA VB opened at $296.38 on Friday. Vanguard Small-Cap ETF has a 1 year low of $228.80 and a 1 year high of $298.02. The stock has a market capitalization of $80.09 billion, a PE ratio of 18.27 and a beta of 1.05. The company’s 50 day simple moving average is $284.26 and its two-hundred day simple moving average is $273.24.

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.