Vanguard Small-Cap Value ETF (NYSEARCA:VBR) Stake Lowered by Cornerstone Management Inc.

Cornerstone Management Inc. cut its stake in shares of Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by 5.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,704 shares of the company’s stock after selling 2,177 shares during the quarter. Vanguard Small-Cap Value ETF makes up 1.5% of Cornerstone Management Inc.’s portfolio, making the stock its 12th largest holding. Cornerstone Management Inc.’s holdings in Vanguard Small-Cap Value ETF were worth $7,169,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Small-Cap Value ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,188,628 shares of the company’s stock worth $399,468,000 after buying an additional 15,238 shares during the period. Axiom Advisory LLC boosted its position in shares of Vanguard Small-Cap Value ETF by 7.6% during the third quarter. Axiom Advisory LLC now owns 1,452,124 shares of the company’s stock worth $279,093,000 after buying an additional 102,423 shares during the period. Mather Group LLC. lifted its position in Vanguard Small-Cap Value ETF by 1.0% in the second quarter. Mather Group LLC. now owns 1,452,121 shares of the company’s stock worth $278,633,000 after purchasing an additional 14,596 shares during the period. Sei Investments Co. lifted its position in Vanguard Small-Cap Value ETF by 5.5% in the second quarter. Sei Investments Co. now owns 1,336,004 shares of the company’s stock worth $243,866,000 after purchasing an additional 69,169 shares during the period. Finally, Essex Financial Services Inc. lifted its position in Vanguard Small-Cap Value ETF by 6,841.9% in the second quarter. Essex Financial Services Inc. now owns 1,220,868 shares of the company’s stock worth $222,833,000 after purchasing an additional 1,203,281 shares during the period.

Vanguard Small-Cap Value ETF Stock Down 0.6 %

VBR traded down $1.15 during trading on Thursday, reaching $197.60. The stock had a trading volume of 40,129 shares, compared to its average volume of 475,836. The firm has a market capitalization of $29.85 billion, a price-to-earnings ratio of 11.42 and a beta of 1.09. Vanguard Small-Cap Value ETF has a 1-year low of $148.75 and a 1-year high of $202.15. The stock has a 50 day moving average of $194.33 and a two-hundred day moving average of $188.94.

About Vanguard Small-Cap Value ETF

Vanguard Small-Cap Value ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Value Index (the Index). The Index is a diversified index of value stocks of smaller United States companies.