Briggs Wealth Management Inc Takes $3.30 Million Position in Vanguard Small-Cap ETF $VB

Briggs Wealth Management Inc purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,777 shares of the company’s stock, valued at approximately $3,296,000. Vanguard Small-Cap ETF accounts for approximately 3.5% of Briggs Wealth Management Inc’s portfolio, making the stock its 5th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Vanguard Small-Cap ETF by 36.5% during the fourth quarter. Brighton Jones LLC now owns 11,978 shares of the company’s stock valued at $2,878,000 after purchasing an additional 3,200 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Vanguard Small-Cap ETF by 11.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,941 shares of the company’s stock worth $2,148,000 after purchasing an additional 920 shares in the last quarter. Aspire Growth Partners LLC increased its stake in shares of Vanguard Small-Cap ETF by 5.0% in the second quarter. Aspire Growth Partners LLC now owns 2,342 shares of the company’s stock worth $555,000 after purchasing an additional 111 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Vanguard Small-Cap ETF by 8.5% in the second quarter. Russell Investments Group Ltd. now owns 4,983 shares of the company’s stock valued at $1,181,000 after purchasing an additional 389 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Vanguard Small-Cap ETF in the second quarter valued at approximately $252,000.

Vanguard Small-Cap ETF Trading Up 1.2%

Shares of VB stock opened at $296.51 on Friday. The firm’s 50 day moving average is $286.74 and its 200 day moving average is $274.50. The stock has a market capitalization of $80.13 billion, a P/E ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a 12 month low of $229.04 and a 12 month high of $301.41.

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.