Cedar Point Capital Partners LLC Invests $377,000 in Vanguard Small-Cap ETF (NYSEARCA:VB)

Cedar Point Capital Partners LLC purchased a new position in shares of Vanguard Small-Cap ETF (NYSEARCA:VB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,769 shares of the company’s stock, valued at approximately $377,000.

Other hedge funds have also modified their holdings of the company. Tennessee Valley Asset Management Partners purchased a new position in Vanguard Small-Cap ETF during the 4th quarter valued at about $27,000. Sawyer & Company Inc purchased a new position in Vanguard Small-Cap ETF during the 3rd quarter valued at about $28,000. Orion Capital Management LLC purchased a new position in Vanguard Small-Cap ETF during the 3rd quarter valued at about $30,000. Sound Income Strategies LLC purchased a new position in Vanguard Small-Cap ETF during the 4th quarter valued at about $41,000. Finally, Rocky Mountain Advisers LLC boosted its holdings in Vanguard Small-Cap ETF by 169.7% during the 3rd quarter. Rocky Mountain Advisers LLC now owns 240 shares of the company’s stock valued at $45,000 after acquiring an additional 151 shares during the period.

Vanguard Small-Cap ETF Trading Up 0.5 %

Vanguard Small-Cap ETF stock traded up $1.16 during midday trading on Friday, reaching $216.56. 395,205 shares of the stock traded hands, compared to its average volume of 814,686. The company has a 50-day simple moving average of $220.07 and a two-hundred day simple moving average of $206.85. Vanguard Small-Cap ETF has a 12-month low of $174.84 and a 12-month high of $229.54. The firm has a market cap of $53.64 billion, a PE ratio of 14.10 and a beta of 1.18.

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.