Fmr LLC Significantly Increases Its Stake in Vanguard Extended Market ETF

In a dramatic move during the third quarter, Fmr LLC has boosted its investment in the Vanguard Extended Market ETF (NYSEARCA:VXF) by an astonishing 2,938.0%. According to reports, the firm acquired an additional 1,547,579 shares, bringing its total ownership to 1,600,254 shares. This surge in holdings reflects a market value of approximately $291,230,000 as of the latest reporting period.

Other institutional investors have also adjusted their positions in VXF. For instance, Hills Bank & Trust Co increased its stake by 6.9% in the second quarter, now owning a total of 11,640 shares valued at $1,965,000 after purchasing 755 additional shares. Similarly, Bleakley Financial Group LLC raised its holdings by 8.1% in the third quarter, obtaining 4,624 shares worth about $841,000 following the acquisition of 346 shares during the same period.

Baker Tilly Wealth Management LLC made a new investment in VXF valued at $206,000 in the second quarter. Meanwhile, SigFig Wealth Management LLC bumped its stake by 1.0% in the second quarter, currently holding 641,544 shares valued at $108,286,000 after acquiring 6,498 shares. Lastly, Creative Planning boosted its position by 1.5% during the third quarter, now with 484,769 shares worth $88,223,000 after an additional purchase of 7,176 shares.

Performance of Vanguard Extended Market ETF

On Monday, shares of Vanguard Extended Market ETF traded up 0.2%, opening at $205.02. The ETF boasts a market capitalization of $22.02 billion and has a price-to-earnings (PE) ratio of 14.96, with a beta of 1.26. Over the past year, the ETF has seen lows of $148.72 and highs of $207.77. Its 50-day moving average stands at $189.26, while the two-hundred-day moving average is $178.37.

About Vanguard Extended Market ETF

The Vanguard Extended Market ETF is an exchange-traded fund that is part of the Vanguard Extended Market Stock Index Fund. It takes a passive management approach aimed at tracking the performance of the Standard & Poor’s Completion Index, which includes a diverse range of small- and mid-sized U.S. companies.

Additional Insights

Investors interested in understanding the broader landscape of the ETF may find value in exploring recent changes in ownership among various hedge funds. It can provide a clearer picture of market sentiment surrounding Vanguard Extended Market ETF.

Fmr, Vanguard, ETF