Baird Financial Group Inc. Sells 11,959 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Baird Financial Group Inc. lessened its holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 16.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,293 shares of the company’s stock after selling 11,959 shares during the period. Baird Financial Group Inc.’s holdings in Vanguard Russell 2000 ETF were worth $5,475,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Keybank National Association OH acquired a new position in Vanguard Russell 2000 ETF during the 4th quarter worth approximately $213,000. Proficio Capital Partners LLC bought a new position in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at $3,192,000. Alliancebernstein L.P. boosted its holdings in shares of Vanguard Russell 2000 ETF by 6.0% during the 4th quarter. Alliancebernstein L.P. now owns 4,735 shares of the company’s stock valued at $423,000 after acquiring an additional 266 shares in the last quarter. Global Retirement Partners LLC grew its position in Vanguard Russell 2000 ETF by 301.7% during the 4th quarter. Global Retirement Partners LLC now owns 715 shares of the company’s stock worth $64,000 after acquiring an additional 537 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in Vanguard Russell 2000 ETF by 31.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 935 shares of the company’s stock worth $84,000 after purchasing an additional 226 shares in the last quarter.

Vanguard Russell 2000 ETF Trading Down 0.2 %

Shares of VTWO stock opened at $81.16 on Friday. The business’s 50-day moving average price is $79.07 and its 200-day moving average price is $87.43. Vanguard Russell 2000 ETF has a 12 month low of $69.38 and a 12 month high of $99.12. The firm has a market capitalization of $10.92 billion, a price-to-earnings ratio of 14.95 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.