Finance

Stordahl Capital Management Inc. Trims Position in Vanguard S&P Small-Cap 600 ETF

Published December 20, 2023

Stordahl Capital Management Inc. has reduced its holdings in the Vanguard S&P Small-Cap 600 ETF (NYSEARCA: VIOO), decreasing its stake by 4.1% during the 3rd quarter. The latest Form 13F filing with the Securities & Exchange Commission reveals that the firm sold 474 shares, leaving it with a total of 11,094 shares. The ETF represents 0.3% of Stordahl Capital Management's investment portfolio, ranking as the 26th largest holding within its array of investments. The value of their VIOO shares amounted to approximately $970,000 at the time of the most recent filing.

Following Stordahl Capital Management's adjustment, additional institutional investors have also made changes to their VIOO positions. MUFG Americas Holdings Corp established a new position worth about $31,000. Bessemer Group Inc., Bank of Montreal Can, Center for Financial Planning Inc., and Tyler Stone Wealth Management each initiated new holdings in the small-cap ETF during the year, with investments ranging between $33,000 and $62,000.

Market Performance of Vanguard S&P Small-Cap 600 ETF

The ETF experienced a price decline of 0.9%, with the share price hitting $99.33 during mid-day trading on a recent Wednesday. The trading volume reached 302,114 shares, which stands out in comparison to the average trading volume of 109,899 shares. VIOO's 50-day simple moving average is noted at $88.21, while the 200-day simple moving average sits at $90.20. With a market capitalization of $2.35 billion, a P/E ratio of 11.40, and a beta of 1.15, the ETF records a 52-week range between $80.90 and $100.40.

Understanding Vanguard S&P Small-Cap 600 ETF

The Vanguard S&P Small-Cap 600 ETF is constructed to reflect the S&P Small-Cap 600 Index which consists of 600 small-capitalization US stocks. These assets are chosen based on the decisions of an S&P Committee. Launched on September 7, 2010, VIOO is among the ETFs managed by Vanguard, providing investors with a targeted scope of the small-cap market segment.

Investors interested in the holdings of other hedge funds in VIOO can access this information readily as it is publicly disclosed in the regulatory 13F filings. These documents provide an overview of institutional holdings and give insights into the trends and strategies employed by fund managers in the small-cap space.

Stordahl, Vanguard, Reduced, Holdings, ETF, Small-Cap, Investments, Filing