Cadence Bank Has $16.52 Million Stake in Vanguard Small-Cap ETF (NYSEARCA:VB)

Cadence Bank grew its holdings in Vanguard Small-Cap ETF (NYSEARCA:VB) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,625 shares of the company’s stock after purchasing an additional 1,207 shares during the quarter. Vanguard Small-Cap ETF comprises about 1.1% of Cadence Bank’s investment portfolio, making the stock its 18th largest position. Cadence Bank’s holdings in Vanguard Small-Cap ETF were worth $16,516,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Goodman Financial Corp bought a new position in Vanguard Small-Cap ETF in the 3rd quarter worth approximately $202,000. Elios Financial Group Inc. bought a new stake in shares of Vanguard Small-Cap ETF during the third quarter worth $517,000. Bank of Montreal Can lifted its stake in shares of Vanguard Small-Cap ETF by 2.5% during the third quarter. Bank of Montreal Can now owns 642,905 shares of the company’s stock valued at $152,420,000 after acquiring an additional 15,785 shares during the period. Capital Square LLC bought a new position in Vanguard Small-Cap ETF in the third quarter valued at about $227,000. Finally, Acorn Wealth Advisors LLC increased its position in Vanguard Small-Cap ETF by 0.6% in the third quarter. Acorn Wealth Advisors LLC now owns 13,214 shares of the company’s stock worth $3,134,000 after purchasing an additional 85 shares during the period.

Vanguard Small-Cap ETF Trading Down 0.6 %

Shares of NYSEARCA:VB opened at $260.06 on Wednesday. The stock has a market capitalization of $64.41 billion, a P/E ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a 1-year low of $191.49 and a 1-year high of $263.35. The business has a 50-day moving average price of $242.04 and a two-hundred day moving average price of $230.17.

Vanguard Small-Cap ETF Profile

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.