Permanent Capital Management LP Invests $13.10 Million in Vanguard Small-Cap ETF (NYSEARCA:VB)

Permanent Capital Management LP purchased a new position in Vanguard Small-Cap ETF (NYSEARCA:VB) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 54,527 shares of the company’s stock, valued at approximately $13,102,000. Vanguard Small-Cap ETF comprises 4.1% of Permanent Capital Management LP’s portfolio, making the stock its 8th biggest holding.

A number of other hedge funds have also modified their holdings of the stock. Avidian Wealth Enterprises LLC boosted its holdings in Vanguard Small-Cap ETF by 13.2% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,088 shares of the company’s stock worth $495,000 after purchasing an additional 243 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC bought a new stake in Vanguard Small-Cap ETF in the third quarter worth $210,000. TFB Advisors LLC boosted its holdings in Vanguard Small-Cap ETF by 13.9% in the third quarter. TFB Advisors LLC now owns 9,686 shares of the company’s stock worth $2,298,000 after purchasing an additional 1,181 shares in the last quarter. NavPoint Financial Inc. boosted its holdings in Vanguard Small-Cap ETF by 0.3% in the third quarter. NavPoint Financial Inc. now owns 28,918 shares of the company’s stock worth $6,860,000 after purchasing an additional 76 shares in the last quarter. Finally, Summit Global Investments boosted its holdings in Vanguard Small-Cap ETF by 109.0% in the third quarter. Summit Global Investments now owns 38,731 shares of the company’s stock worth $9,187,000 after purchasing an additional 20,203 shares in the last quarter.

Vanguard Small-Cap ETF Trading Up 0.6 %

Shares of NYSEARCA:VB opened at $228.37 on Friday. The stock has a market capitalization of $225.89 billion, a PE ratio of 18.88 and a beta of 1.16. Vanguard Small-Cap ETF has a 1 year low of $209.81 and a 1 year high of $263.35. The firm has a fifty day moving average price of $243.80 and a 200 day moving average price of $242.33.

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.