Vanguard Small-Cap ETF (NYSEARCA:VB) Sees Large Volume Increase – Still a Buy?

Vanguard Small-Cap ETF (NYSEARCA:VB) shares saw unusually-high trading volume on Wednesday . Approximately 850,350 shares traded hands during trading, an increase of 25% from the previous session’s volume of 678,646 shares.The stock last traded at $256.08 and had previously closed at $254.67.

Vanguard Small-Cap ETF Stock Performance

The business has a fifty day simple moving average of $246.53 and a 200 day simple moving average of $232.60. The stock has a market cap of $63.57 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17.

Institutional Investors Weigh In On Vanguard Small-Cap ETF

Several hedge funds have recently made changes to their positions in VB. Fiduciary Alliance LLC raised its position in shares of Vanguard Small-Cap ETF by 3.9% in the 3rd quarter. Fiduciary Alliance LLC now owns 3,611 shares of the company’s stock worth $856,000 after buying an additional 135 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in shares of Vanguard Small-Cap ETF in the 3rd quarter worth $205,000. Spectrum Financial Alliance Ltd LLC raised its position in shares of Vanguard Small-Cap ETF by 0.5% in the 2nd quarter. Spectrum Financial Alliance Ltd LLC now owns 44,434 shares of the company’s stock worth $9,688,000 after buying an additional 232 shares during the period. Wulff Hansen & CO. purchased a new position in shares of Vanguard Small-Cap ETF in the 2nd quarter worth $77,968,000. Finally, Farmers National Bank raised its position in shares of Vanguard Small-Cap ETF by 7.5% in the 2nd quarter. Farmers National Bank now owns 2,951 shares of the company’s stock worth $643,000 after buying an additional 206 shares during the period.

Vanguard Small-Cap ETF Company Profile

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.