Wealthfront Advisers LLC has increased its holdings in the Vanguard Small-Cap ETF (NYSEARCA:VB) by 0.9% during the second quarter of 2023, according to HoldingsChannel. The firm now owns 1,467,855 shares of the ETF, acquiring an additional 13,004 shares in this period. This investment represents approximately 0.9% of Wealthfront Advisers LLC’s total portfolio, making the Vanguard Small-Cap ETF its 22nd largest holding. As of the end of June, these holdings were valued at approximately $347.85 million.
Several other institutional investors have also adjusted their positions in the Vanguard Small-Cap ETF. Notably, Arjuna Capital purchased a new stake valued at around $26,000 in the first quarter. Additionally, Financial Gravity Asset Management Inc. and Evergreen Private Wealth LLC each made new investments worth approximately $30,000 and $31,000, respectively. Allspring Global Investments Holdings LLC also acquired a stake valued at around $33,000 during the same quarter.
Current Performance and Market Position
As of the latest trading session, shares of the Vanguard Small-Cap ETF opened at $258.83. The ETF has seen a 50-day moving average of $254.14 and a 200-day moving average of $239.05. Over the past year, the Vanguard Small-Cap ETF has experienced a low of $190.27 and a high of $263.35. The fund currently holds a market capitalization of $69.50 billion and has a price-to-earnings (P/E) ratio of 18.27 with a beta of 1.14.
The Vanguard Small-Cap ETF, initiated on January 26, 2004, is designed to track the CRSP US Small Cap Index. This index encompasses the bottom 2-15% of the investable U.S. equity market, providing investors with a diversified exposure to smaller companies.
For those interested in tracking developments in this sector, HoldingsChannel offers comprehensive insights into institutional holdings and trades related to the Vanguard Small-Cap ETF, including access to the latest 13F filings.
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