Balance Wealth LLC has made a significant move by purchasing a new stake in the Vanguard Small-Cap Value ETF (NYSEARCA: VBR), according to its recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,413 shares of the ETF, valued at approximately $20,957,000. This investment comprises about 5.2% of Balance Wealth’s overall portfolio, positioning it as the firm’s fifth largest holding.
As of the latest filing, Balance Wealth LLC owned around 0.07% of the Vanguard Small-Cap Value ETF. The purchase reflects a growing trend among institutional investors, several of whom have recently adjusted their stakes in this fund.
Institutional Investor Activity
Among those adjusting their positions, Ehrlich Financial Group increased its holdings in the Vanguard ETF by 4.5% during the second quarter. Following this adjustment, the group now owns 1,163 shares valued at $227,000. Similarly, Columbia Asset Management raised its stake by 3.6%, bringing its total to 1,458 shares, worth $284,000 after acquiring an additional 50 shares.
Further investments were noted from Accurate Wealth Management LLC, which lifted its holdings by 3.3%, now owning 1,668 shares valued at $339,000. IFG Advisors LLC also increased its position by 1.3%, owning 4,317 shares valued at $842,000 following the purchase of additional shares. Lastly, IHT Wealth Management LLC boosted its stake by 0.3%, now holding 22,535 shares worth $4,395,000.
Market Performance and ETF Overview
As of the latest trading session, the Vanguard Small-Cap Value ETF opened at $211.79. The ETF has shown a decline of 1.0% recently, with a 50-day moving average at $210.02 and a 200-day moving average at $205.89. The fund boasts a market capitalization of $31.84 billion, a price-to-earnings (P/E) ratio of 14.99, and a beta of 1.05. Over the past year, the ETF has reached a low of $160.23 and a high of $218.90.
The Vanguard Small-Cap Value ETF is an exchange-traded share class of the Vanguard Small-Cap Value Index Fund. It uses a passive management investment approach to track the performance of the MSCI US Small Cap Value Index, which includes a diversified selection of value stocks from smaller U.S. companies. The fund aims to replicate the index by investing the majority of its assets in the index’s constituent stocks, maintaining a proportionate holding in line with their weightings in the index.
For those interested in further details about institutional holdings in this ETF, HoldingsChannel.com provides the latest 13F filings and insider trades related to the Vanguard Small-Cap Value ETF (NYSEARCA: VBR).
