Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Volume Increase – Should You Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWGGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 67,351 shares changed hands during trading, an increase of 188% from the previous session’s volume of 23,388 shares.The stock last traded at $283.45 and had previously closed at $276.38.

Vanguard Russell 2000 Growth ETF Stock Up 2.6%

The stock has a market cap of $1.54 billion, a PE ratio of 20.82 and a beta of 1.19. The company’s fifty day moving average is $277.91 and its 200 day moving average is $258.86.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a $0.4245 dividend. 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. This represents a $1.70 annualized dividend and a dividend yield of 0.6%.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in Vanguard Russell 2000 Growth ETF by 5.4% in the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock valued at $70,999,000 after purchasing an additional 15,449 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 0.4% during the first quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock worth $26,293,000 after purchasing an additional 440 shares in the last quarter. Systelligence LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 1.6% in the first quarter. Systelligence LLC now owns 74,008 shares of the company’s stock worth $16,951,000 after buying an additional 1,184 shares during the period. Private Advisor Group LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 421.4% in the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock worth $16,352,000 after buying an additional 57,703 shares during the period. Finally, Ameriprise Financial Inc. grew its stake 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 valued at $13,933,000 after buying an additional 4,174 shares in the last quarter.

About Vanguard Russell 2000 Growth ETF

(Get Free Report)

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.

Further Reading

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