Fiduciary Wealth Partners LLC significantly reduced its investment in the Vanguard Small-Cap ETF (NYSEARCA:VB) by 60.2% during the second quarter, according to a recent filing with the Securities & Exchange Commission. The firm now holds 21,566 shares after selling 32,611 shares during this period. The Vanguard Small-Cap ETF accounts for approximately 4.8% of Fiduciary Wealth Partners’ portfolio, making it their fifth largest holding, valued at around $5,111,000 as of the latest filing.
Several other institutional investors have also adjusted their positions in the Vanguard Small-Cap ETF. For instance, Bar Harbor Wealth Management increased its stake by 2.3%, now owning 1,905 shares valued at $451,000 after acquiring 42 additional shares in the last quarter. Similarly, USAdvisors Wealth Management LLC and Schrum Private Wealth Management LLC each boosted their holdings by 0.7%, owning 6,153 shares worth $1,459,000 and 5,938 shares valued at $1,407,000, respectively. Means Investment CO. Inc. and Aspen Capital Management LLC also made slight increases in their stakes, reflecting a broader interest in the ETF.
The Vanguard Small-Cap ETF saw a modest increase of 0.7% on the market, opening at $258.83 on Friday. The ETF has a market capitalization of $69.50 billion, a price-to-earnings (P/E) ratio of 18.27, and a beta of 1.14. Over the past year, its price has fluctuated between a low of $190.27 and a high of $263.35. The fund has a fifty-day simple moving average of $254.14 and a 200-day simple moving average of $239.05.
The Vanguard Small-Cap ETF, launched on January 26, 2004, aims to track the CRSP US Small Cap Index, which includes the bottom 2-15% of the investable universe. The fund is well-regarded for its diversified exposure to the small-cap segment of the market and is managed by Vanguard, a leader in the investment management industry.
For those interested in tracking further changes in holdings, the latest 13F filings and insider trades for the Vanguard Small-Cap ETF can be accessed through various financial news platforms.
