Cornerstone Wealth Management LLC Has $4.23 Million Stock Holdings in Vanguard Small-Cap ETF (NYSEARCA:VB)

Cornerstone Wealth Management LLC cut its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,811 shares of the company’s stock after selling 88 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $4,225,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VB. Envestnet Asset Management Inc. boosted its stake in Vanguard Small-Cap ETF by 6.7% in 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 buying an additional 313,316 shares in the last quarter. LPL Financial LLC boosted its position in Vanguard Small-Cap ETF by 3.9% in the second quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock valued at $768,607,000 after buying an additional 131,521 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Small-Cap ETF by 8.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock worth $473,335,000 after buying an additional 176,660 shares in the last quarter. Creative Planning lifted its stake in shares of Vanguard Small-Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock valued at $446,036,000 after acquiring an additional 10,410 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in Vanguard Small-Cap ETF by 24.7% during the 1st quarter. Captrust Financial Advisors now owns 1,627,553 shares of the company’s stock worth $372,042,000 after acquiring an additional 322,291 shares during the last quarter.

Vanguard Small-Cap ETF Trading Up 1.0 %

NYSEARCA:VB opened at $242.40 on Thursday. The stock’s 50-day moving average is $231.22 and its 200-day moving average is $224.55. Vanguard Small-Cap ETF has a 1-year low of $174.84 and a 1-year high of $242.93. The stock has a market cap of $60.04 billion, a P/E ratio of 14.11 and a beta of 1.17.

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.