Meridian Wealth Management LLC Invests $10.49 Million in Vanguard Small-Cap Value ETF (NYSEARCA:VBR)

Meridian Wealth Management LLC bought a new position in shares of Vanguard Small-Cap Value ETF (NYSEARCA:VBR) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 52,233 shares of the company’s stock, valued at approximately $10,487,000.

A number of other large investors also recently made changes to their positions in VBR. Asset Management Group Inc. grew its position in Vanguard Small-Cap Value ETF by 2.4% during the third quarter. Asset Management Group Inc. now owns 145,513 shares of the company’s stock worth $29,216,000 after buying an additional 3,476 shares in the last quarter. Raymond James Trust N.A. grew its position in Vanguard Small-Cap Value ETF by 4.2% during the third quarter. Raymond James Trust N.A. now owns 24,814 shares of the company’s stock worth $4,982,000 after buying an additional 990 shares in the last quarter. Wrenne Financial Planning LLC grew its position in Vanguard Small-Cap Value ETF by 1.5% during the third quarter. Wrenne Financial Planning LLC now owns 26,164 shares of the company’s stock worth $5,253,000 after buying an additional 382 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its position in Vanguard Small-Cap Value ETF by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 236,439 shares of the company’s stock worth $47,472,000 after buying an additional 3,451 shares in the last quarter. Finally, LPL Financial LLC grew its position in Vanguard Small-Cap Value ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,230,640 shares of the company’s stock worth $247,088,000 after buying an additional 80,279 shares in the last quarter.

Vanguard Small-Cap Value ETF Price Performance

Shares of NYSEARCA:VBR opened at $211.20 on Friday. The company has a market capitalization of $31.90 billion, a P/E ratio of 11.42 and a beta of 1.09. Vanguard Small-Cap Value ETF has a 1 year low of $162.45 and a 1 year high of $214.96. The business’s 50 day simple moving average is $202.44 and its 200 day simple moving average is $193.31.

About Vanguard Small-Cap Value ETF

Vanguard Small-Cap Value ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Value Index (the Index). The Index is a diversified index of value stocks of smaller United States companies.