Brave Asset Management Inc. Takes Position in Vanguard Small-Cap ETF $VB

Brave Asset Management Inc. bought a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,247 shares of the company’s stock, valued at approximately $589,000.

Other hedge funds have also recently modified their holdings of the company. Costello Asset Management INC purchased a new position in Vanguard Small-Cap ETF during the fourth quarter valued at $25,000. Lloyd Advisory Services LLC. purchased a new stake in Vanguard Small-Cap ETF in the fourth quarter worth about $25,000. Aventura Private Wealth LLC purchased a new stake in Vanguard Small-Cap ETF in the fourth quarter worth about $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Vanguard Small-Cap ETF in the fourth quarter worth about $28,000. Finally, GGM Financials LLC purchased a new position in shares of Vanguard Small-Cap ETF during the 3rd quarter valued at about $29,000.

Vanguard Small-Cap ETF Trading Down 0.8%

Shares of NYSEARCA:VB opened at $295.01 on Wednesday. The stock has a 50 day moving average of $288.15 and a 200 day moving average of $275.32. The company has a market cap of $79.72 billion, a PE ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a 12-month low of $233.63 and a 12-month 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.