Acorn Financial Advisory Services Inc. ADV Has $5 Million Stock Position in Vanguard Small-Cap ETF $VB

Acorn Financial Advisory Services Inc. ADV reduced its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 86.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,072 shares of the company’s stock after selling 118,866 shares during the quarter. Vanguard Small-Cap ETF comprises 0.7% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 23rd largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard Small-Cap ETF were worth $4,995,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VB. JFS Wealth Advisors LLC boosted its holdings in shares of Vanguard Small-Cap ETF by 0.3% during the 4th quarter. JFS Wealth Advisors LLC now owns 10,875 shares of the company’s stock worth $2,805,000 after buying an additional 37 shares in the last quarter. Stonebridge Financial Group LLC increased its stake in shares of Vanguard Small-Cap ETF by 2.6% in the 4th quarter. Stonebridge Financial Group LLC now owns 1,438 shares of the company’s stock valued at $371,000 after acquiring an additional 37 shares in the last quarter. Rockwood Wealth Management LLC increased its stake in shares of Vanguard Small-Cap ETF by 0.6% in the 4th quarter. Rockwood Wealth Management LLC now owns 5,829 shares of the company’s stock valued at $1,504,000 after acquiring an additional 37 shares in the last quarter. Cornerstone Advisors Asset Management LLC lifted its position in shares of Vanguard Small-Cap ETF by 0.4% during the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 9,197 shares of the company’s stock valued at $2,372,000 after acquiring an additional 37 shares during the period. Finally, Covestor Ltd lifted its position in shares of Vanguard Small-Cap ETF by 2.4% during the 4th quarter. Covestor Ltd now owns 1,644 shares of the company’s stock valued at $424,000 after acquiring an additional 38 shares during the period.

Vanguard Small-Cap ETF Stock Up 0.6%

Shares of NYSEARCA VB opened at $303.12 on Wednesday. The firm has a market cap of $81.92 billion, a PE ratio of 18.27 and a beta of 1.05. The company’s fifty day simple moving average is $290.23 and its 200 day simple moving average is $276.72. Vanguard Small-Cap ETF has a 12-month low of $234.49 and a 12-month high of $303.54.

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.