Merit Financial Group LLC Trims Stock Position in Vanguard Small-Cap Value ETF $VBR

Merit Financial Group LLC cut its stake in Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by 5.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,738 shares of the company’s stock after selling 8,848 shares during the quarter. Merit Financial Group LLC owned about 0.11% of Vanguard Small-Cap Value ETF worth $33,548,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. raised its stake in Vanguard Small-Cap Value ETF by 4.4% in the second quarter. Assetmark Inc. now owns 4,360,477 shares of the company’s stock worth $850,337,000 after buying an additional 185,712 shares in the last quarter. Sei Investments Co. boosted its position in Vanguard Small-Cap Value ETF by 3.0% during the 2nd quarter. Sei Investments Co. now owns 1,426,827 shares of the company’s stock valued at $278,321,000 after acquiring an additional 41,495 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Vanguard Small-Cap Value ETF by 22.6% during the 2nd quarter. Cetera Investment Advisers now owns 880,807 shares of the company’s stock worth $171,766,000 after acquiring an additional 162,575 shares during the period. Osaic Holdings Inc. raised its position in shares of Vanguard Small-Cap Value ETF by 67.1% in the 2nd quarter. Osaic Holdings Inc. now owns 812,288 shares of the company’s stock worth $156,323,000 after acquiring an additional 326,129 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Vanguard Small-Cap Value ETF by 6.6% in the 2nd quarter. Allworth Financial LP now owns 794,775 shares of the company’s stock valued at $154,989,000 after purchasing an additional 49,116 shares during the period.

Vanguard Small-Cap Value ETF Stock Down 0.2%

NYSEARCA VBR opened at $213.93 on Wednesday. The firm has a market capitalization of $32.17 billion, a PE ratio of 14.99 and a beta of 1.05. The stock’s 50 day moving average is $209.94 and its 200 day moving average is $205.85. Vanguard Small-Cap Value ETF has a twelve month low of $160.23 and a twelve month high of $218.90.

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. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.