Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Reaches New 52-Week High – Still a Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) reached a new 52-week high on Thursday . The company traded as high as $284.40 and last traded at $284.40, with a volume of 38675 shares. The stock had previously closed at $277.57.

Vanguard Russell 2000 Growth ETF Price Performance

The company has a market cap of $1.47 billion, a PE ratio of 20.82 and a beta of 1.20. The business has a 50-day simple moving average of $267.49 and a 200-day simple moving average of $250.85.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.4245 per share. This represents a $1.70 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its stake in Vanguard Russell 2000 Growth ETF by 12.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock valued at $1,679,000 after acquiring an additional 1,028 shares during the period. Raymond James Financial Inc. raised its position in Vanguard Russell 2000 Growth ETF by 20.1% during the second quarter. Raymond James Financial Inc. now owns 41,359 shares of the company’s stock worth $8,622,000 after acquiring an additional 6,927 shares during the period. Ameriprise Financial Inc. lifted its holdings in Vanguard Russell 2000 Growth ETF by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after purchasing an additional 4,174 shares in the last quarter. Curi Capital LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the second quarter valued at $609,000. Finally, Great Valley Advisor Group Inc. lifted its holdings in Vanguard Russell 2000 Growth ETF by 1.8% during the second quarter. Great Valley Advisor Group Inc. now owns 8,415 shares of the company’s stock valued at $1,754,000 after purchasing an additional 147 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Company Profile

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.