Miracle Mile Advisors LLC Cuts Stock Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Miracle Mile Advisors LLC decreased its holdings in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,667 shares of the company’s stock after selling 13,435 shares during the period. Vanguard Small-Cap ETF comprises approximately 1.1% of Miracle Mile Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Miracle Mile Advisors LLC owned approximately 0.09% of Vanguard Small-Cap ETF worth $54,944,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VB. Eastern Bank raised its stake in Vanguard Small-Cap ETF by 13.5% in the 4th quarter. Eastern Bank now owns 716 shares of the company’s stock valued at $172,000 after purchasing an additional 85 shares during the last quarter. Claro Advisors LLC boosted its position in Vanguard Small-Cap ETF by 4.4% during the fourth quarter. Claro Advisors LLC now owns 19,420 shares of the company’s stock worth $4,666,000 after acquiring an additional 815 shares during the last quarter. Abound Wealth Management boosted its position in Vanguard Small-Cap ETF by 0.9% during the fourth quarter. Abound Wealth Management now owns 49,519 shares of the company’s stock worth $11,899,000 after acquiring an additional 460 shares during the last quarter. Accelerate Investment Advisors LLC purchased a new stake in Vanguard Small-Cap ETF during the 4th quarter valued at about $244,000. Finally, Cooper Financial Group raised its holdings in Vanguard Small-Cap ETF by 10.9% in the 4th quarter. Cooper Financial Group now owns 4,313 shares of the company’s stock valued at $1,036,000 after acquiring an additional 424 shares during the last quarter.

Vanguard Small-Cap ETF Stock Performance

Shares of VB stock traded up $1.65 during trading hours on Monday, reaching $239.77. The company had a trading volume of 1,087,013 shares, compared to its average volume of 772,359. Vanguard Small-Cap ETF has a 12-month low of $202.66 and a 12-month high of $263.35. The company has a market capitalization of $59.38 billion, a price-to-earnings ratio of 14.11 and a beta of 1.17. The stock has a fifty day moving average of $249.57 and a 200-day moving average of $236.71.

Vanguard Small-Cap ETF 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.