Principal Financial Group Inc. Reduces Stock Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

Principal Financial Group Inc. decreased its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 68.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,255 shares of the company’s stock after selling 4,879 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Small-Cap ETF were worth $535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in VB. Envestnet Asset Management Inc. boosted its holdings in Vanguard Small-Cap ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock worth $1,089,782,000 after acquiring an additional 313,316 shares in the last quarter. LPL Financial LLC lifted its position in Vanguard Small-Cap ETF by 3.9% during the second quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock worth $768,607,000 after buying an additional 131,521 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Small-Cap ETF by 8.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock valued at $473,335,000 after purchasing an additional 176,660 shares during the period. Creative Planning raised its position in shares of Vanguard Small-Cap ETF by 0.6% during the 3rd quarter. Creative Planning now owns 1,880,342 shares of the company’s stock valued at $446,036,000 after buying an additional 10,410 shares during the period. Finally, Strategic Financial Concepts LLC lifted its position in Vanguard Small-Cap ETF by 27,056.7% in the second quarter. Strategic Financial Concepts LLC now owns 1,623,701 shares of the company’s stock valued at $354,032,000 after buying an additional 1,617,722 shares during the last quarter.

Vanguard Small-Cap ETF Stock Up 1.6 %

Shares of VB stock opened at $257.73 on Monday. Vanguard Small-Cap ETF has a 52 week low of $191.49 and a 52 week high of $258.04. The stock has a market capitalization of $63.83 billion, a PE ratio of 14.11 and a beta of 1.17. The firm has a 50 day moving average of $240.92 and a two-hundred day moving average of $229.64.

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.