OneAscent Financial Services LLC Invests $11.80 Million in Vanguard Small-Cap ETF (NYSEARCA:VB)

OneAscent Financial Services LLC purchased a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 49,091 shares of the company’s stock, valued at approximately $11,796,000. Vanguard Small-Cap ETF makes up approximately 1.0% of OneAscent Financial Services LLC’s portfolio, making the stock its 20th largest position.

A number of other large investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its stake in shares of Vanguard Small-Cap ETF by 1.7% in the 4th quarter. Jones Financial Companies Lllp now owns 7,332,914 shares of the company’s stock valued at $1,761,953,000 after purchasing an additional 119,060 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Small-Cap ETF by 4.9% during the fourth quarter. LPL Financial LLC now owns 3,789,323 shares of the company’s stock valued at $910,498,000 after buying an additional 176,938 shares in the last quarter. Life Planning Partners Inc raised its stake in Vanguard Small-Cap ETF by 23,750.1% during the fourth quarter. Life Planning Partners Inc now owns 2,614,209 shares of the company’s stock valued at $628,142,000 after buying an additional 2,603,248 shares in the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Small-Cap ETF during the 4th quarter worth approximately $529,562,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Vanguard Small-Cap ETF by 1.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,901,304 shares of the company’s stock valued at $456,845,000 after acquiring an additional 29,136 shares during the last quarter.

Vanguard Small-Cap ETF Trading Up 0.3 %

VB stock opened at $222.47 on Wednesday. The firm has a market cap of $220.68 billion, a P/E ratio of 17.76 and a beta of 1.10. The stock’s 50 day simple moving average is $237.46 and its 200 day simple moving average is $242.08. Vanguard Small-Cap ETF has a 12-month low of $209.81 and a 12-month high of $263.35.

Vanguard Small-Cap ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.9188 per share. This is a boost from Vanguard Small-Cap ETF’s previous dividend of $0.85. The ex-dividend date was Thursday, March 27th.

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.