Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sets New 1-Year High – Should You Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares hit a new 52-week high on Thursday . The stock traded as high as $288.31 and last traded at $288.25, with a volume of 20654 shares. The stock had previously closed at $283.97.

Vanguard Russell 2000 Growth ETF Stock Down 0.7%

The stock has a fifty day moving average of $271.20 and a two-hundred day moving average of $252.44. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

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

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VTWG. Goldman Sachs Group Inc. raised its holdings in Vanguard Russell 2000 Growth ETF by 12.9% in the first quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock valued at $1,679,000 after buying an additional 1,028 shares during the period. Raymond James Financial Inc. grew its stake 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 buying an additional 6,927 shares during the period. Ameriprise Financial Inc. increased its position in shares of Vanguard Russell 2000 Growth ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock worth $13,933,000 after acquiring an additional 4,174 shares in the last quarter. Curi Capital LLC acquired a new stake in shares of Vanguard Russell 2000 Growth ETF in the second quarter worth $609,000. Finally, Great Valley Advisor Group Inc. increased its position in shares of Vanguard Russell 2000 Growth ETF by 1.8% in the second quarter. Great Valley Advisor Group Inc. now owns 8,415 shares of the company’s stock worth $1,754,000 after acquiring an additional 147 shares in the last quarter.

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.