VitalStone Financial Ups its Share in Vanguard Small-Cap Value ETF

VitalStone Financial LLC has significantly increased its investment in Vanguard Small-Cap Value ETF (VBR), a move that showcases its growing interest in small-cap value stocks. In an official filing with the Securities and Exchange Commission, the investment firm revealed that its holdings in VBR surged by 320.6% in the second quarter. The precise number of shares held by VitalStone Financial in VBR by the end of this period was 1,081, marking an increase of 824 shares.

Investment Growth Amidst Market Changes

The growth in VitalStone's stake is set against the backdrop of various other institutional investors adjusting their VBR positions. Northwest Capital Management Inc and PCA Investment Advisory Services Inc both initiated new positions in VBR during the same quarter, with investments valued at around $26,000 and $29,000, respectively. Deutsche Bank AG also bought a new stake earlier in the first quarter, valued at approximately $30,000.

Additional changes in institutional holdings include Eagle Bay Advisors LLC, which doubled its VBR shares, now owning 207 with an investment worth $31,000. Similarly, Crewe Advisors LLC increased its share in the ETF by a staggering 1,607.7% in the first quarter, which brought its investment to a value of $35,000.

Market Performance of VBR

VBR’s performance in the market is also noteworthy. The ETF opened at $170.64 and had a 52-week range between $147.94 and $178.51. Its simple moving averages over 50 days and 200 days stood at $159.60 and $163.26, respectively. With a market capitalization of over $25 billion, a price-to-earnings ratio of 10.40, and a beta of 1.15, VBR reflects a robust choice for investors looking for value investments in small-cap markets.

About Vanguard Small-Cap Value ETF

The ETF represents an exchange-traded share class of the Vanguard Small-Cap Value Index Fund, which follows a passive management or indexing strategy. Its objective is to mirror the performance of the MSCI US Small Cap Value Index, a diversified mix of value-oriented United States companies with smaller market capitalizations.

VitalStone, Vanguard, ETF