Fifth Third Bancorp has decreased its stake in the Vanguard Small-Cap Value ETF (NYSEARCA: VBR) by 3.8% during the third quarter of 2023, according to a filing with the Securities and Exchange Commission. The financial institution sold 3,390 shares, leaving it with 85,084 shares valued at approximately $17,758,000 at the end of the quarter.
The reduction in holdings comes amid a broader trend where various hedge funds and institutional investors are actively trading shares of the Vanguard ETF. Notably, Blume Capital Management Inc. entered the market with a new stake worth about $29,000 during the second quarter. Similarly, Westfuller Advisors LLC acquired a new position in the ETF during the third quarter, also valued around $29,000. Other notable investors include Traub Capital Management LLC, which invested approximately $30,000, and Financial Gravity Companies Inc., which purchased shares valued at around $33,000.
Current Market Performance of Vanguard Small-Cap Value ETF
As of the latest trading session, shares of the Vanguard Small-Cap Value ETF opened at $231.31. The fund boasts a market capitalization of $35.18 billion and a price-to-earnings (P/E) ratio of 14.99, with a beta of 1.05. The ETF’s performance has shown fluctuations, with a 50-day moving average of $221.27 and a 200-day moving average of $212.06. Over the past year, the ETF reached a low of $160.23 and peaked at $235.48.
The Vanguard Small-Cap Value ETF operates as an exchange-traded share class of the Vanguard Small-Cap Value Index Fund. It employs a passive management strategy aimed at tracking the MSCI US Small Cap Value Index. This index consists of value stocks from smaller U.S. companies, and the fund aims to mirror the index by investing substantially in the underlying stocks in proportion to their index weightings.
Investors interested in tracking the holdings of the Vanguard Small-Cap Value ETF can find updated information on platforms such as HoldingsChannel.com, which provides insights into the latest 13F filings and insider trades related to the fund.
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