Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Volume Increase

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw unusually-high trading volume on Tuesday . Approximately 13,044 shares changed hands during mid-day trading, a decline of 53% from the previous session’s volume of 27,687 shares.The stock last traded at $208.14 and had previously closed at $204.65.

Vanguard Russell 2000 Growth ETF Stock Performance

The firm has a market capitalization of $983.62 million, a PE ratio of 15.65 and a beta of 1.15. The firm has a fifty day moving average of $191.50 and a 200 day moving average of $187.90.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were issued a dividend of $0.265 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.06 annualized dividend and a dividend yield of 0.51%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VTWG. Allegheny Financial Group LTD raised its position in shares of Vanguard Russell 2000 Growth ETF by 6.8% during the 4th quarter. Allegheny Financial Group LTD now owns 15,586 shares of the company’s stock worth $2,861,000 after purchasing an additional 990 shares during the period. RWA Wealth Partners LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF during the 4th quarter worth $2,491,000. NBC Securities Inc. boosted its position in shares of Vanguard Russell 2000 Growth ETF by 98.6% in the fourth quarter. NBC Securities Inc. now owns 292 shares of the company’s stock worth $53,000 after buying an additional 145 shares during the period. Raymond James & Associates boosted its position in shares of Vanguard Russell 2000 Growth ETF by 1.2% in the fourth quarter. Raymond James & Associates now owns 12,957 shares of the company’s stock worth $2,378,000 after buying an additional 154 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard Russell 2000 Growth ETF by 3.8% in the fourth quarter. Wells Fargo & Company MN now owns 52,219 shares of the company’s stock worth $9,585,000 after buying an additional 1,888 shares during the period.

Vanguard Russell 2000 Growth ETF Company 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.