Dechtman Wealth Management LLC Has $11.04 Million Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Dechtman Wealth Management LLC increased its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 361.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 46,544 shares of the company’s stock after purchasing an additional 36,461 shares during the quarter. Vanguard Small-Cap ETF makes up approximately 2.3% of Dechtman Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Dechtman Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $11,041,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VB. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the second quarter worth $27,000. ORG Wealth Partners LLC bought a new position in shares of Vanguard Small-Cap ETF during the third quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new stake in Vanguard Small-Cap ETF during the third quarter worth approximately $34,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard Small-Cap ETF during the 2nd quarter valued at $36,000. Finally, ORG Partners LLC acquired a new stake in shares of Vanguard Small-Cap ETF during the 2nd quarter worth $41,000.

Vanguard Small-Cap ETF Price Performance

VB traded up $7.53 during trading on Wednesday, hitting $248.37. 342,339 shares of the stock traded hands, compared to its average volume of 663,295. Vanguard Small-Cap ETF has a twelve month low of $180.92 and a twelve month high of $250.36. The company has a market cap of $61.51 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The business has a 50 day moving average price of $234.71 and a 200 day moving average price of $226.50.

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.