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In Q2 2025, HBK Sorce sold most of its VBR stake, while AMG National Trust Bank and Kovack Advisors increased holdings in small-cap ETFs.
In the second quarter of 2025, HBK Sorce Advisory LLC reduced its stake in the Vanguard Small-Cap Value ETF (VBR) by 34.9%, selling 1,135 shares and retaining 2,118 shares valued at about $413,000.
AMG National Trust Bank increased its VBR holdings to 12,180 shares, worth $2.38 million, adding 158 shares during the quarter.
Meanwhile, Kovack Advisors Inc. raised its position in the Vanguard Small-Cap ETF (VB) by 3.5%, owning 3,619 shares worth $858,000.
VBR and VB both track U.S. small-cap indices, with VBR focusing on value stocks and VB on broader small-cap exposure.
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En el segundo trimestre de 2025, HBK Sorce vendió la mayor parte de su participación en VBR, mientras que AMG National Trust Bank y Kovack Advisors aumentaron sus participaciones en ETF de pequeña capitalización.