Vanguard Russell 2000 ETF (NASDAQ:VTWO) Sets New 1-Year High – Here’s Why

Vanguard Russell 2000 ETF (NASDAQ:VTWO)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $118.79 and last traded at $118.65, with a volume of 633920 shares traded. The stock had previously closed at $117.37.

Vanguard Russell 2000 ETF Price Performance

The firm has a fifty day simple moving average of $111.89 and a 200 day simple moving average of $106.32. The company has a market cap of $16.43 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTWO. Bank of America Corp DE grew its stake in shares of Vanguard Russell 2000 ETF by 8.1% in the fourth quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock worth $2,938,021,000 after acquiring an additional 2,204,005 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Russell 2000 ETF by 72.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,363,151 shares of the company’s stock worth $334,701,000 after acquiring an additional 1,413,739 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter worth $121,029,000. NEOS Investment Management LLC grew its stake in shares of Vanguard Russell 2000 ETF by 49.9% in the third quarter. NEOS Investment Management LLC now owns 3,508,850 shares of the company’s stock worth $343,236,000 after acquiring an additional 1,168,230 shares during the last quarter. Finally, PKS Advisory Services LLC grew its stake in shares of Vanguard Russell 2000 ETF by 2,968.7% in the third quarter. PKS Advisory Services LLC now owns 725,657 shares of the company’s stock worth $70,984,000 after acquiring an additional 702,010 shares during the last quarter.

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.