Parsons Capital Management Inc. RI Grows Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Parsons Capital Management Inc. RI boosted its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 7.0% during the 2nd quarter, Holdings Channel reports. The fund owned 10,615 shares of the company’s stock after buying an additional 694 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Small-Cap ETF were worth $2,315,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Vanguard Small-Cap ETF during the fourth quarter worth $26,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Small-Cap ETF during the fourth quarter worth about $27,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Small-Cap ETF in the 2nd quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard Small-Cap ETF in the 4th quarter worth approximately $31,000. Finally, Tucker Asset Management LLC acquired a new position in Vanguard Small-Cap ETF during the 4th quarter valued at approximately $33,000.

Vanguard Small-Cap ETF Price Performance

Shares of VB stock opened at $228.41 on Tuesday. The business has a fifty day moving average of $222.24 and a 200 day moving average of $220.48. The firm has a market capitalization of $56.57 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a 1 year low of $174.84 and a 1 year high of $236.96.

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.