Axxcess Wealth Management LLC Has $20.64 Million Stock Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Axxcess Wealth Management LLC boosted its stake in Vanguard Small-Cap ETF (NYSEARCA:VB) by 12.1% during the third quarter, Holdings Channel reports. The institutional investor owned 87,014 shares of the company’s stock after buying an additional 9,413 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Small-Cap ETF were worth $20,640,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in Vanguard Small-Cap ETF by 6.7% in the 2nd 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 during the last quarter. LPL Financial LLC grew its position in shares of Vanguard Small-Cap ETF by 3.9% during the 2nd quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock worth $768,607,000 after purchasing an additional 131,521 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard Small-Cap ETF by 8.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock worth $473,335,000 after purchasing an additional 176,660 shares in the last quarter. Creative Planning grew its position in shares of Vanguard Small-Cap ETF by 0.6% during the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock worth $446,036,000 after purchasing an additional 10,410 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of 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 purchasing an additional 322,291 shares in the last quarter.

Vanguard Small-Cap ETF Stock Up 0.8 %

Shares of NYSEARCA:VB opened at $253.14 on Friday. The company’s 50 day moving average price is $235.89 and its two-hundred day moving average price is $227.12. Vanguard Small-Cap ETF has a 12-month low of $180.92 and a 12-month high of $253.57. The firm has a market cap of $62.70 billion, a PE ratio of 14.11 and a beta of 1.17.

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.