Cannon Wealth Management Services LLC Buys 588 Shares of Vanguard Small-Cap ETF (NYSEARCA:VB)

Cannon Wealth Management Services LLC boosted its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 23.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,091 shares of the company’s stock after purchasing an additional 588 shares during the period. Vanguard Small-Cap ETF comprises 0.7% of Cannon Wealth Management Services LLC’s portfolio, making the stock its 29th largest holding. Cannon Wealth Management Services LLC’s holdings in Vanguard Small-Cap ETF were worth $762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VB. Midwest Capital Advisors LLC bought a new position in Vanguard Small-Cap ETF in the fourth quarter worth approximately $474,000. Birchcreek Wealth Management LLC raised its position in Vanguard Small-Cap ETF by 4.2% in the fourth quarter. Birchcreek Wealth Management LLC now owns 3,282 shares of the company’s stock worth $789,000 after acquiring an additional 133 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Vanguard Small-Cap ETF in the fourth quarter worth approximately $2,580,000. Partners Wealth Management LLC bought a new position in Vanguard Small-Cap ETF in the fourth quarter worth approximately $309,000. Finally, BCGM Wealth Management LLC bought a new position in Vanguard Small-Cap ETF in the fourth quarter worth approximately $242,000.

Vanguard Small-Cap ETF Trading Down 2.6 %

VB opened at $239.61 on Monday. Vanguard Small-Cap ETF has a 1-year low of $209.81 and a 1-year high of $263.35. The company has a market capitalization of $59.34 billion, a PE ratio of 14.11 and a beta of 1.17. The firm’s 50 day simple moving average is $246.00 and its two-hundred day simple moving average is $241.86.

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.