Raymond James Financial Inc. Buys New Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Raymond James Financial Inc. bought a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,203,939 shares of the company’s stock, valued at approximately $529,562,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VB. Jones Financial Companies Lllp increased its position in shares of Vanguard Small-Cap ETF by 1.7% during the 4th quarter. Jones Financial Companies Lllp now owns 7,332,914 shares of the company’s stock worth $1,761,953,000 after purchasing an additional 119,060 shares during the last quarter. LPL Financial LLC increased its position in shares of Vanguard Small-Cap ETF by 2.5% during the 3rd quarter. LPL Financial LLC now owns 3,612,385 shares of the company’s stock worth $856,894,000 after purchasing an additional 87,311 shares during the last quarter. Life Planning Partners Inc increased its position in shares of Vanguard Small-Cap ETF by 23,750.1% during the 4th quarter. Life Planning Partners Inc now owns 2,614,209 shares of the company’s stock worth $628,142,000 after purchasing an additional 2,603,248 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Vanguard Small-Cap ETF by 3.7% during the 3rd quarter. Captrust Financial Advisors now owns 1,942,941 shares of the company’s stock worth $460,885,000 after purchasing an additional 69,830 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard Small-Cap ETF by 1.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,872,168 shares of the company’s stock worth $444,097,000 after purchasing an additional 20,175 shares during the last quarter.

Vanguard Small-Cap ETF Stock Up 1.3 %

NYSEARCA:VB opened at $231.43 on Thursday. The firm has a market capitalization of $228.91 billion, a price-to-earnings ratio of 18.88 and a beta of 1.16. Vanguard Small-Cap ETF has a twelve month low of $209.81 and a twelve month high of $263.35. The stock’s 50 day moving average price is $244.43 and its two-hundred day moving average price is $242.44.

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.