Main Street Financial Solutions LLC Cuts Stake in Vanguard Small-Cap ETF (NYSEARCA:VB)

Main Street Financial Solutions LLC reduced its position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 15,497 shares of the company’s stock after selling 558 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Vanguard Small-Cap ETF were worth $3,676,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VB. BNP Paribas Financial Markets increased its stake in shares of Vanguard Small-Cap ETF by 75.7% in the 1st quarter. BNP Paribas Financial Markets now owns 478 shares of the company’s stock worth $109,000 after acquiring an additional 206 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Vanguard Small-Cap ETF by 5.8% in the 1st quarter. Sei Investments Co. now owns 11,655 shares of the company’s stock worth $2,664,000 after purchasing an additional 634 shares during the period. Russell Investments Group Ltd. bought a new position in shares of Vanguard Small-Cap ETF in the 1st quarter worth approximately $62,000. Interchange Capital Partners LLC bought a new position in shares of Vanguard Small-Cap ETF in the 1st quarter worth approximately $217,000. Finally, JDM Financial Group LLC lifted its stake in shares of Vanguard Small-Cap ETF by 9.8% in the 1st quarter. JDM Financial Group LLC now owns 35,663 shares of the company’s stock worth $8,152,000 after purchasing an additional 3,188 shares during the period.

Vanguard Small-Cap ETF Trading Up 0.7 %

NYSEARCA VB traded up $1.70 on Wednesday, reaching $254.90. 710,531 shares of the stock were exchanged, compared to its average volume of 670,017. Vanguard Small-Cap ETF has a one year low of $187.30 and a one year high of $257.26. The firm has a market capitalization of $63.13 billion, a PE ratio of 14.11 and a beta of 1.17. The company’s 50-day simple moving average is $236.87 and its two-hundred day simple moving average is $227.81.

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.