Truist Financial Corp Acquires 198,020 Shares of Vanguard Russell 2000 ETF $VTWO

Truist Financial Corp grew its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 44.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 640,914 shares of the company’s stock after buying an additional 198,020 shares during the period. Truist Financial Corp’s holdings in Vanguard Russell 2000 ETF were worth $63,784,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of VTWO. Bank of America Corp DE increased its stake in shares of Vanguard Russell 2000 ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 27,317,912 shares of the company’s stock valued at $2,672,238,000 after purchasing an additional 207,948 shares in the last quarter. US Bancorp DE increased its stake in shares of Vanguard Russell 2000 ETF by 7.3% during the fourth quarter. US Bancorp DE now owns 5,260,478 shares of the company’s stock valued at $523,533,000 after purchasing an additional 358,891 shares in the last quarter. NEOS Investment Management LLC increased its stake in shares of Vanguard Russell 2000 ETF by 49.9% during the third quarter. NEOS Investment Management LLC now owns 3,508,850 shares of the company’s stock valued at $343,236,000 after purchasing an additional 1,168,230 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Vanguard Russell 2000 ETF by 1.5% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 3,061,332 shares of the company’s stock valued at $299,459,000 after purchasing an additional 46,720 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Vanguard Russell 2000 ETF during the fourth quarter valued at approximately $121,029,000.

Vanguard Russell 2000 ETF Stock Performance

Shares of NASDAQ VTWO opened at $112.27 on Tuesday. Vanguard Russell 2000 ETF has a fifty-two week low of $79.09 and a fifty-two week high of $113.47. The company has a 50 day simple moving average of $104.76 and a two-hundred day simple moving average of $102.97. The company has a market capitalization of $15.59 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.2621 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, March 24th.

Vanguard Russell 2000 ETF Company Profile

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.