Novak & Powell Financial Services Inc. Has $1.42 Million Holdings in Vanguard Small-Cap ETF $VB

Novak & Powell Financial Services Inc. boosted its stake in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) by 159.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,985 shares of the company’s stock after purchasing an additional 3,063 shares during the quarter. Novak & Powell Financial Services Inc.’s holdings in Vanguard Small-Cap ETF were worth $1,422,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Costello Asset Management INC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter worth about $25,000. Lloyd Advisory Services LLC. acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter worth about $25,000. Aventura Private Wealth LLC acquired a new stake in Vanguard Small-Cap ETF during the 4th quarter worth about $28,000. Your Advocates Ltd. LLP raised its holdings in Vanguard Small-Cap ETF by 2,080.0% during the 3rd quarter. Your Advocates Ltd. LLP now owns 109 shares of the company’s stock worth $28,000 after buying an additional 104 shares during the period. Finally, GGM Financials LLC acquired a new stake in Vanguard Small-Cap ETF during the 3rd quarter worth about $29,000.

Vanguard Small-Cap ETF Trading Up 0.5%

NYSEARCA VB opened at $294.01 on Friday. The stock’s 50-day moving average price is $277.35 and its two-hundred day moving average price is $270.06. The company has a market cap of $79.45 billion, a PE ratio of 18.27 and a beta of 1.05. Vanguard Small-Cap ETF has a 1 year low of $224.66 and a 1 year high of $294.75.

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.