Advisor Partners II LLC Reduces Stake in Vanguard Small-Cap Value ETF by Nearly Half

In a significant portfolio adjustment, Advisor Partners II LLC has cut its investment in Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by a stark 48.5%. Revelations from the third-quarter filings indicate the firm now holds 1,887 shares, a decrease from the 1,779 shares sold during that period. This move has reduced Advisor Partners II LLC's stake value to approximately $301,000.

Investment Shifts Among Institutions

While Advisor Partners II LLC scales back its VBR holdings, other financial institutions have shown varied approaches to managing their stakes in the ETF. For instance, Bleakley Financial Group LLC slightly increased its shares by 1.6%, while Greenhouse Wealth Management LLC added a modest 0.4% to its holdings. Similarly, Private Ocean LLC and PFG Investments LLC expanded their investments by 8.6% and 3.2%, respectively, each acquiring an additional 69 shares in the process. Moreover, Hall Capital Management Co. Inc. escalated its position by 1.2% in the third quarter, further underlining the diverse investment strategies in play.

An Overview of Vanguard Small-Cap Value ETF's Market Standing

The Vanguard Small-Cap Value ETF commenced trading at $173.60 on the latest report. With a spectrum of fluctuation over the past year, the ETF touched a low of $147.94 and peaked at $182.37. The fund's total market capitalization stands robust at $26.01 billion, anchored by a price-to-earnings ratio of 10.40 and a beta of 1.15. The ETF's recent performance is reflected in its 50-day moving average of $171.93 and a 200-day average of $166.41.

The Fund's Composition and Strategy

Vanguard Small-Cap Value ETF operates as an exchange-traded share class of Vanguard Small-Cap Value Index Fund. With a focus on value shares from lesser-sized U.S. companies, it follows a passive management strategy to emulate the performance of the MSCI US Small Cap Value Index, which offers diversified exposure across these value-oriented firms.

Advisor, Vanguard, ETF