Sawgrass Asset Management LLC Trims Stock Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Sawgrass Asset Management LLC decreased its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,410 shares of the company’s stock after selling 1,255 shares during the period. Sawgrass Asset Management LLC’s holdings in Vanguard Small-Cap ETF were worth $8,162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in Vanguard Small-Cap ETF by 75.7% during the first quarter. BNP Paribas Financial Markets now owns 478 shares of the company’s stock valued at $109,000 after buying an additional 206 shares during the period. Sei Investments Co. lifted its position in Vanguard Small-Cap ETF by 5.8% during the 1st quarter. Sei Investments Co. now owns 11,655 shares of the company’s stock valued at $2,664,000 after acquiring an additional 634 shares during the period. Russell Investments Group Ltd. bought a new stake in Vanguard Small-Cap ETF during the first quarter worth about $62,000. Vanguard Group Inc. grew its holdings in Vanguard Small-Cap ETF by 5.1% in the first quarter. Vanguard Group Inc. now owns 460,854 shares of the company’s stock worth $105,347,000 after purchasing an additional 22,353 shares during the period. Finally, Beaumont Financial Advisors LLC increased its stake in shares of Vanguard Small-Cap ETF by 70.6% during the first quarter. Beaumont Financial Advisors LLC now owns 4,035 shares of the company’s stock valued at $922,000 after purchasing an additional 1,670 shares in the last quarter.

Vanguard Small-Cap ETF Stock Down 1.1 %

Shares of VB opened at $246.31 on Friday. The stock has a market cap of $61.00 billion, a P/E ratio of 14.11 and a beta of 1.17. The business’s 50 day moving average price is $238.32 and its 200-day moving average price is $228.43. Vanguard Small-Cap ETF has a 52 week low of $189.06 and a 52 week high of $257.26.

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.