Litman Gregory Wealth Management LLC Sells 1,515 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Litman Gregory Wealth Management LLC reduced its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,502 shares of the company’s stock after selling 1,515 shares during the period. Vanguard Russell 2000 ETF accounts for 1.6% of Litman Gregory Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Litman Gregory Wealth Management LLC owned about 0.22% of Vanguard Russell 2000 ETF worth $17,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in VTWO. Alliancebernstein L.P. lifted its position in shares of Vanguard Russell 2000 ETF by 3.1% in the 2nd quarter. Alliancebernstein L.P. now owns 4,442 shares of the company’s stock worth $336,000 after purchasing an additional 135 shares during the period. Guidance Point Advisors LLC lifted its position in shares of Vanguard Russell 2000 ETF by 1.8% in the 4th quarter. Guidance Point Advisors LLC now owns 8,721 shares of the company’s stock worth $707,000 after purchasing an additional 157 shares during the period. Baystate Wealth Management LLC lifted its position in shares of Vanguard Russell 2000 ETF by 3.4% in the 4th quarter. Baystate Wealth Management LLC now owns 5,184 shares of the company’s stock worth $420,000 after purchasing an additional 169 shares during the period. HFG Advisors Inc. lifted its position in shares of Vanguard Russell 2000 ETF by 5.3% in the 4th quarter. HFG Advisors Inc. now owns 4,185 shares of the company’s stock worth $339,000 after purchasing an additional 210 shares during the period. Finally, Cordatus Wealth Management LLC lifted its position in shares of Vanguard Russell 2000 ETF by 2.9% in the 3rd quarter. Cordatus Wealth Management LLC now owns 7,599 shares of the company’s stock worth $543,000 after purchasing an additional 212 shares during the period.

Vanguard Russell 2000 ETF Stock Performance

NASDAQ:VTWO traded up $0.13 during midday trading on Friday, reaching $78.08. 3,132,217 shares of the stock traded hands, compared to its average volume of 2,904,041. Vanguard Russell 2000 ETF has a 12-month low of $65.39 and a 12-month high of $85.65. The business has a 50-day moving average of $81.96 and a two-hundred day moving average of $77.12. The stock has a market capitalization of $8.69 billion, a PE ratio of 12.05 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.174 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.70 dividend on an annualized basis and a yield of 0.89%.

About Vanguard Russell 2000 ETF

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.