Franklin Resources Inc. Sells 275 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Franklin Resources Inc. cut its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,117 shares of the company’s stock after selling 275 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Small-Cap ETF were worth $6,524,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC raised its position in Vanguard Small-Cap ETF by 27,056.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,623,701 shares of the company’s stock worth $354,032,000 after buying an additional 1,617,722 shares during the last quarter. Grimes & Company Inc. increased its stake in shares of Vanguard Small-Cap ETF by 354.2% in the third quarter. Grimes & Company Inc. now owns 674,793 shares of the company’s stock worth $160,068,000 after acquiring an additional 526,226 shares during the period. Wulff Hansen & CO. purchased a new position in shares of Vanguard Small-Cap ETF during the second quarter worth $77,968,000. Envestnet Asset Management Inc. lifted its position in Vanguard Small-Cap ETF by 6.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after purchasing an additional 313,316 shares during the period. Finally, Accredited Investors Inc. boosted its holdings in Vanguard Small-Cap ETF by 1,958.6% in the third quarter. Accredited Investors Inc. now owns 276,885 shares of the company’s stock valued at $65,680,000 after purchasing an additional 263,435 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA VB opened at $242.75 on Monday. The firm has a market capitalization of $60.12 billion, a P/E ratio of 14.11 and a beta of 1.17. The stock has a 50-day simple moving average of $248.69 and a two-hundred day simple moving average of $234.11. Vanguard Small-Cap ETF has a fifty-two week low of $202.66 and a fifty-two week high of $263.35.

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.