MainStreet Investment Advisors LLC has reduced its holdings in the Vanguard Small-Cap ETF (NYSEARCA:VB) by 28.2% during the first quarter of 2023, according to a recent filing with the Securities and Exchange Commission. The firm now holds 1,270 shares after selling 500 shares during the quarter, bringing the total value of its investment to approximately $282,000.
Other institutional investors have also made adjustments to their positions in the Vanguard Small-Cap ETF. Inlight Wealth Management LLC established a new stake valued at around $25,000 in the first quarter. West Branch Capital LLC significantly increased its holdings by 384.6% during the same period, acquiring an additional 100 shares to bring its total to 126 shares, valued at $28,000.
Additionally, Hopwood Financial Services Inc. and Creative Capital Management Investments LLC both initiated new stakes in the ETF, valued at approximately $32,000 and $33,000 respectively. Allspring Global Investments Holdings LLC also entered the market with a new stake valued at about $33,000 in the first quarter.
Vanguard Small-Cap ETF Performance Overview
As of Friday, shares of the Vanguard Small-Cap ETF opened at $244.80. The ETF boasts a market capitalization of $65.41 billion, with a price-to-earnings ratio of 18.27 and a beta of 1.14. Over the past year, the ETF has seen a 52-week low of $190.27 and a 52-week high of $263.35. Its 50-day simple moving average stands at $232.18, while the 200-day simple moving average is at $231.74.
The Vanguard Small-Cap ETF, which was launched on January 26, 2004, is designed to track the performance of the CRSP US Small Cap Index. This market-cap-weighted index includes the bottom 2-15% of the investable universe, providing investors with exposure to small-cap U.S. stocks.
For those interested in further tracking the ETF’s performance, HoldingsChannel.com offers the latest 13F filings and insider trades related to the Vanguard Small-Cap ETF (NYSEARCA:VB). Subscribers can also receive daily summaries of news and analyst ratings through MarketBeat’s free email newsletter.