King Wealth Management Group Buys New Shares in Vanguard Small-Cap ETF (NYSEARCA:VB)

King Wealth Management Group purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) during the 4th quarter, Holdings Channel.com reports. The fund purchased 5,403 shares of the company’s stock, valued at approximately $1,298,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Life Planning Partners Inc lifted its position in shares of Vanguard Small-Cap ETF by 23,750.1% in the fourth quarter. Life Planning Partners Inc now owns 2,614,209 shares of the company’s stock valued at $628,142,000 after buying an additional 2,603,248 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at $529,562,000. Strategic Financial Concepts LLC lifted its holdings in Vanguard Small-Cap ETF by 24,676.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,593,853 shares of the company’s stock valued at $382,971,000 after purchasing an additional 1,587,420 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Vanguard Small-Cap ETF by 24,531.6% in the fourth quarter. Proficio Capital Partners LLC now owns 1,349,073 shares of the company’s stock valued at $324,155,000 after purchasing an additional 1,343,596 shares during the last quarter. Finally, Lincoln National Corp acquired a new position in shares of Vanguard Small-Cap ETF in the fourth quarter valued at $65,351,000.

Vanguard Small-Cap ETF Stock Performance

NYSEARCA VB opened at $217.89 on Friday. Vanguard Small-Cap ETF has a 52-week low of $209.81 and a 52-week high of $263.35. The stock has a market cap of $215.52 billion, a PE ratio of 18.88 and a beta of 1.16. The firm has a 50-day moving average of $242.27 and a 200-day moving average of $242.11.

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.