Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 12-Month High – Still a Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $259.75 and last traded at $259.75, with a volume of 4171 shares trading hands. The stock had previously closed at $254.05.

Vanguard Russell 2000 Growth ETF Stock Performance

The company has a market capitalization of $1.34 billion, a P/E ratio of 20.82 and a beta of 1.16. The business has a 50 day moving average of $239.48 and a 200-day moving average of $240.30.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.3241 per share. This represents a $1.30 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allegheny Financial Group grew its position in Vanguard Russell 2000 Growth ETF by 0.9% during the first quarter. Allegheny Financial Group now owns 16,806 shares of the company’s stock worth $3,849,000 after buying an additional 152 shares in the last quarter. IVC Wealth Advisors LLC grew its position in Vanguard Russell 2000 Growth ETF by 4.8% during the first quarter. IVC Wealth Advisors LLC now owns 16,594 shares of the company’s stock worth $3,801,000 after buying an additional 765 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Vanguard Russell 2000 Growth ETF by 5.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,033 shares of the company’s stock worth $480,000 after buying an additional 101 shares in the last quarter. Virtue Capital Management LLC grew its position in Vanguard Russell 2000 Growth ETF by 627.8% during the fourth quarter. Virtue Capital Management LLC now owns 24,113 shares of the company’s stock worth $5,761,000 after buying an additional 20,800 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth about $2,296,000.

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.