Vanguard Small-Cap ETF (NYSEARCA:VB) Plans Dividend Increase – $0.93 Per Share

Vanguard Small-Cap ETF (NYSEARCA:VB) announced a quarterly dividend on Thursday, April 3rd. Investors of record on Monday, December 22nd will be paid a dividend of 0.9268 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, December 22nd. This is a 15.1% increase from Vanguard Small-Cap ETF’s previous quarterly dividend of $0.81.

Vanguard Small-Cap ETF Stock Up 1.0%

Shares of NYSEARCA:VB traded up $2.52 during trading on Friday, hitting $262.24. 581,694 shares of the company traded hands, compared to its average volume of 878,033. The business’s fifty day moving average is $255.51 and its 200-day moving average is $248.96. The stock has a market capitalization of $70.42 billion, a price-to-earnings ratio of 18.27 and a beta of 1.10. Vanguard Small-Cap ETF has a one year low of $190.27 and a one year high of $266.92.

Institutional Trading of Vanguard Small-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Valmark Advisers Inc. grew its holdings in shares of Vanguard Small-Cap ETF by 0.4% during the second quarter. Valmark Advisers Inc. now owns 32,645 shares of the company’s stock worth $7,736,000 after purchasing an additional 127 shares during the last quarter. Cerity Partners LLC grew its holdings in Vanguard Small-Cap ETF by 8.9% during the 2nd quarter. Cerity Partners LLC now owns 628,562 shares of the company’s stock worth $148,961,000 after acquiring an additional 51,128 shares during the last quarter. First Interstate Bank grew its holdings in Vanguard Small-Cap ETF by 10.0% during the 2nd quarter. First Interstate Bank now owns 2,641 shares of the company’s stock worth $626,000 after acquiring an additional 239 shares during the last quarter. Allworth Financial LP increased its position in Vanguard Small-Cap ETF by 2.8% in the 2nd quarter. Allworth Financial LP now owns 63,445 shares of the company’s stock valued at $15,035,000 after acquiring an additional 1,721 shares during the period. Finally, Gladwyn Financial Advisors Inc. bought a new position in shares of Vanguard Small-Cap ETF during the second quarter valued at $136,000.

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.