Principal Financial Group Inc. Cuts Stake in Vanguard Small-Cap ETF (NYSEARCA:VB)

Principal Financial Group Inc. trimmed its position in Vanguard Small-Cap ETF (NYSEARCA:VB) by 68.4% during the third quarter, HoldingsChannel.com reports. The firm owned 2,255 shares of the company’s stock after selling 4,879 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Small-Cap ETF were worth $535,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Strategic Financial Concepts LLC raised its holdings in Vanguard Small-Cap ETF by 27,056.7% in the second quarter. Strategic Financial Concepts LLC now owns 1,623,701 shares of the company’s stock valued at $354,032,000 after acquiring an additional 1,617,722 shares in the last quarter. Grimes & Company Inc. grew 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 purchasing an additional 526,226 shares in the last quarter. Wulff Hansen & CO. acquired a new stake in shares of Vanguard Small-Cap ETF in the 2nd quarter worth approximately $77,968,000. Cetera Investment Advisers raised its stake in shares of Vanguard Small-Cap ETF by 255.6% in the 1st quarter. Cetera Investment Advisers now owns 482,068 shares of the company’s stock worth $110,196,000 after buying an additional 346,493 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Small-Cap ETF by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock worth $1,089,782,000 after purchasing an additional 313,316 shares during the last quarter.

Vanguard Small-Cap ETF Price Performance

Shares of VB opened at $257.73 on Monday. The stock has a market cap of $63.83 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The company has a 50-day moving average of $240.92 and a two-hundred day moving average of $229.64. Vanguard Small-Cap ETF has a one year low of $191.49 and a one year high of $258.04.

Vanguard Small-Cap ETF Company 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.