Fmr LLC Increases Stake in Vanguard Extended Market ETF
In a significant move during the third quarter, Fmr LLC raised its shares in the Vanguard Extended Market ETF (NYSEARCA:VXF) by an astonishing 2,938.0%. According to reports from Holdings Channel.com, the investment firm now possesses 1,600,254 shares after acquiring an additional 1,547,579 shares during the quarter. As of the latest reporting period, Fmr LLC's holdings in the Vanguard Extended Market ETF amount to a value of approximately $291,230,000.
Other hedge funds and institutional investors have also made adjustments to their positions in VXF. For instance, Hills Bank & Trust Co increased its stake by 6.9% during the second quarter, now owning 11,640 shares worth about $1,965,000 after purchasing an additional 755 shares last quarter. Similarly, Bleakley Financial Group LLC boosted its position by 8.1% in the third quarter, holding 4,624 shares valued at around $841,000 after adding 346 more shares. In another case, Baker Tilly Wealth Management LLC took a new position worth $206,000 in Vanguard Extended Market ETF during the second quarter. SigFig Wealth Management LLC also raised its stakes by 1.0%, now owning 641,544 shares valued at $108,286,000 after an increase of 6,498 shares. Lastly, Creative Planning increased its holdings by 1.5% in the third quarter, which resulted in a total of 484,769 shares worth approximately $88,223,000 after buying an additional 7,176 shares.
Vanguard Extended Market ETF Trading Performance
On Monday, shares of the Vanguard Extended Market ETF opened at $205.02. The fund boasts a market capitalization of $22.02 billion, a P/E ratio of 14.96, and a beta of 1.26. Over the past year, the ETF reached a low of $148.72 and a high of $207.77. Currently, its 50-day moving average stands at $189.26, with a 200-day moving average of $178.37.
Vanguard Extended Market ETF Overview
The Vanguard Extended Market ETF is an exchange-traded fund that falls under the Vanguard Extended Market Stock Index Fund class. This fund adopts a passive management strategy aiming to replicate the performance of the Standard & Poor’s Completion Index, which encompasses a diverse range of stocks belonging to small and medium-sized companies in the United States.
Fmr, Vanguard, ETF