Ballast Financial Advisors LLC Purchases New Position in Vanguard Small-Cap ETF $VB

Ballast Financial Advisors LLC purchased a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 3,208 shares of the company’s stock, valued at approximately $827,000. Vanguard Small-Cap ETF accounts for approximately 0.9% of Ballast Financial Advisors LLC’s portfolio, making the stock its 28th largest position.

Other hedge funds have also modified their holdings of the company. Field & Main Bank raised its position in shares of Vanguard Small-Cap ETF by 6.9% in the 4th quarter. Field & Main Bank now owns 36,334 shares of the company’s stock valued at $9,372,000 after acquiring an additional 2,333 shares during the period. BIP Wealth LLC raised its holdings in Vanguard Small-Cap ETF by 7.4% during the 4th quarter. BIP Wealth LLC now owns 29,729 shares of the company’s stock worth $7,669,000 after buying an additional 2,051 shares during the period. Dunhill Financial LLC raised its holdings in Vanguard Small-Cap ETF by 12.9% during the 4th quarter. Dunhill Financial LLC now owns 57,382 shares of the company’s stock worth $14,661,000 after buying an additional 6,569 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in Vanguard Small-Cap ETF by 6.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 79,687 shares of the company’s stock worth $20,555,000 after buying an additional 4,995 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Vanguard Small-Cap ETF by 5.2% during the 3rd quarter. Captrust Financial Advisors now owns 2,513,129 shares of the company’s stock worth $639,038,000 after buying an additional 124,673 shares during the period.

Vanguard Small-Cap ETF Stock Performance

Shares of VB stock opened at $293.07 on Thursday. The company has a market capitalization of $79.20 billion, a P/E ratio of 18.27 and a beta of 1.05. The company’s 50 day moving average price is $286.12 and its two-hundred day moving average price is $274.24. Vanguard Small-Cap ETF has a 52 week low of $229.04 and a 52 week high of $301.41.

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.