Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sets New 12-Month High – Here’s What Happened

Shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $288.71 and last traded at $288.53, with a volume of 2062 shares. The stock had previously closed at $287.68.

Vanguard Russell 2000 Growth ETF Stock Performance

The company’s 50 day moving average is $273.24 and its 200 day moving average is $253.65. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 20.82 and a beta of 1.18.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.4245 per share. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds have recently made changes to their positions in the stock. Vermillion Wealth Management Inc. raised its holdings in Vanguard Russell 2000 Growth ETF by 16.3% in the 1st quarter. Vermillion Wealth Management Inc. now owns 12,732 shares of the company’s stock valued at $2,916,000 after acquiring an additional 1,781 shares in the last quarter. Elm3 Financial Group LLC acquired a new stake in shares of Vanguard Russell 2000 Growth ETF during the 4th quarter worth approximately $754,000. Kelsey Financial LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter valued at approximately $531,000. Systelligence LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter valued at approximately $17,186,000. Finally, JPMorgan Chase & Co. increased its position in shares of Vanguard Russell 2000 Growth ETF by 23.1% during the third quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock valued at $3,210,000 after purchasing an additional 2,579 shares during the period.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.