Royal Bank of Canada Raises Holdings in Vanguard Russell 2000 Growth ETF $VTWG

Royal Bank of Canada increased its stake in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 60.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,675 shares of the company’s stock after acquiring an additional 10,790 shares during the period. Royal Bank of Canada owned about 0.56% of Vanguard Russell 2000 Growth ETF worth $6,568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Private Advisor Group LLC boosted its position in Vanguard Russell 2000 Growth ETF by 421.4% in the 1st quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock worth $16,352,000 after purchasing an additional 57,703 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 1,425.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 51,055 shares of the company’s stock valued at $12,048,000 after purchasing an additional 47,708 shares in the last quarter. Nvest Financial LLC increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 746.0% during the 1st quarter. Nvest Financial LLC now owns 24,847 shares of the company’s stock valued at $5,691,000 after purchasing an additional 21,910 shares in the last quarter. Virtue Capital Management LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 627.8% in the 4th quarter. Virtue Capital Management LLC now owns 24,113 shares of the company’s stock valued at $5,761,000 after purchasing an additional 20,800 shares during the period. Finally, Brandywine Asset Management Inc. acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter valued at $4,475,000.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of NASDAQ VTWG opened at $284.21 on Wednesday. The company has a market capitalization of $1.54 billion, a PE ratio of 20.82 and a beta of 1.20. The company’s fifty day moving average price is $278.57 and its 200 day moving average price is $260.08. Vanguard Russell 2000 Growth ETF has a 1 year low of $213.72 and a 1 year high of $289.14.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were 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 was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Vanguard Russell 2000 Growth ETF 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.