Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Strong Trading Volume – Here’s Why

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw strong trading volume on Wednesday . 84,099 shares traded hands during mid-day trading, an increase of 329% from the previous session’s volume of 19,603 shares.The stock last traded at $163.10 and had previously closed at $162.82.

Vanguard Russell 2000 Value ETF Price Performance

The business has a 50-day moving average of $158.35 and a two-hundred day moving average of $151.44. The company has a market cap of $870.95 million, a P/E ratio of 13.86 and a beta of 1.09.

Vanguard Russell 2000 Value ETF Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd will be issued a $0.8505 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, December 22nd.

Institutional Trading of Vanguard Russell 2000 Value ETF

Institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. raised its holdings in shares of Vanguard Russell 2000 Value ETF by 20.2% in the first quarter. Raymond James Financial Inc. now owns 27,260 shares of the company’s stock worth $3,628,000 after buying an additional 4,580 shares during the last quarter. EWG Elevate Inc. acquired a new stake in shares of Vanguard Russell 2000 Value ETF in the third quarter valued at about $3,993,000. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Russell 2000 Value ETF by 92.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,407 shares of the company’s stock worth $453,000 after buying an additional 1,637 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Vanguard Russell 2000 Value ETF by 1.1% in the 1st quarter. Kestra Advisory Services LLC now owns 34,851 shares of the company’s stock valued at $4,638,000 after purchasing an additional 388 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Vanguard Russell 2000 Value ETF in the first quarter valued at about $444,000.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.