Vanguard Russell 2000 ETF (NASDAQ:VTWO) Reaches New 52-Week High – Should You Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $122.19 and last traded at $122.00, with a volume of 673758 shares changing hands. The stock had previously closed at $121.42.

Vanguard Russell 2000 ETF Stock Performance

The business’s 50 day moving average is $115.60 and its 200 day moving average is $108.08. The company has a market capitalization of $16.95 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.3014 dividend. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. This represents a $1.21 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard Russell 2000 ETF

Several institutional investors and hedge funds have recently made changes to their positions in VTWO. AQR Capital Management LLC increased its position in shares of Vanguard Russell 2000 ETF by 165.8% in the 1st quarter. AQR Capital Management LLC now owns 10,126 shares of the company’s stock valued at $817,000 after acquiring an additional 6,316 shares during the period. Geneos Wealth Management Inc. lifted its position in Vanguard Russell 2000 ETF by 71.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 691 shares of the company’s stock worth $56,000 after acquiring an additional 287 shares during the period. Jump Financial LLC purchased a new stake in Vanguard Russell 2000 ETF during the 2nd quarter valued at about $2,407,000. Qube Research & Technologies Ltd grew its stake in Vanguard Russell 2000 ETF by 209.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Vanguard Russell 2000 ETF by 27.6% in the second quarter. NewEdge Advisors LLC now owns 12,869 shares of the company’s stock valued at $1,122,000 after purchasing an additional 2,783 shares during the period.

About Vanguard Russell 2000 ETF

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that is based on the Russell 2000 index, a market-cap-weighted index of US small-cap stocks VTWO was launched on Sep 20, 2010 and is managed by Vanguard.