Fiduciary Wealth Partners LLC has significantly reduced its investment in the Vanguard Small-Cap ETF (NYSEARCA: VB) by selling 32,611 shares, representing a decrease of 60.2%. This reduction was disclosed in the firm’s latest Form 13F filing with the Securities & Exchange Commission. Following this sale, Fiduciary Wealth Partners now holds 21,566 shares, which constitute approximately 4.8% of its overall investment portfolio, making it the firm’s fifth largest holding.
As of the latest filing, the value of Fiduciary Wealth Partners’ holdings in the Vanguard Small-Cap ETF stood at $5,111,000. This significant move comes amidst a backdrop of other institutional investors adjusting their positions in the ETF.
Adjustments by Other Investors
Several hedge funds have recently modified their stakes in the Vanguard Small-Cap ETF. For instance, Bar Harbor Wealth Management increased its holdings by 2.3% during the second quarter, now owning 1,905 shares valued at $451,000 after acquiring an additional 42 shares. Similarly, USAdvisors Wealth Management LLC raised its stake by 0.7%, bringing its total to 6,153 shares valued at $1,459,000 after buying 43 more shares.
In a related move, Schrum Private Wealth Management LLC also increased its investment by 0.7%, now holding 5,938 shares worth $1,407,000 following the purchase of an additional 43 shares. Additionally, Means Investment CO. Inc. boosted its position by 3.0%, owning 1,493 shares valued at $354,000 after adding 43 shares. Finally, Aspen Capital Management LLC raised its investment by 3.2%, now owning 1,407 shares worth $333,000 after acquiring 44 shares.
Market Performance of Vanguard Small-Cap ETF
The Vanguard Small-Cap ETF opened at $258.83 on Friday, reflecting a modest increase of 0.7%. The ETF boasts a market capitalization of $69.50 billion, with a price-to-earnings ratio of 18.27 and a beta of 1.14. Over the past year, the ETF has experienced a low of $190.27 and a high of $263.35. Its fifty-day simple moving average is $254.14, while the 200-day simple moving average stands at $239.05.
The Vanguard Small-Cap ETF, established on January 26, 2004, is designed to track the CRSP US Small Cap Index, which includes the bottom 2-15% of the investable universe. The ETF is managed by Vanguard, a well-respected name in the investment community.
For those interested in tracking further changes in holdings and insider trades related to the Vanguard Small-Cap ETF, resources such as HoldingsChannel.com offer detailed insights and updates.
