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

Shares of Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw unusually-strong trading volume on Tuesday . Approximately 124,447 shares traded hands during mid-day trading, an increase of 285% from the previous session’s volume of 32,300 shares.The stock last traded at $191.90 and had previously closed at $192.31.

Vanguard Russell 2000 Value ETF Trading Down 0.2%

The firm has a market cap of $1.21 billion, a P/E ratio of 13.86 and a beta of 1.02. The business’s fifty day simple moving average is $183.32 and its 200-day simple moving average is $173.57.

Vanguard Russell 2000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.6109 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 2000 Value ETF

A number of large investors have recently modified their holdings of VTWV. Kelsey Financial LLC purchased a new position in Vanguard Russell 2000 Value ETF in the fourth quarter worth about $581,000. Mosaic Financial Group LLC bought a new position in shares of Vanguard Russell 2000 Value ETF in the fourth quarter worth approximately $424,000. D.A. Davidson & CO. bought a new position in shares of Vanguard Russell 2000 Value ETF in the fourth quarter worth approximately $2,234,000. Cooke & Bieler LP purchased a new position in shares of Vanguard Russell 2000 Value ETF in the fourth quarter worth $1,201,000. Finally, LOM Asset Management Ltd purchased a new stake in Vanguard Russell 2000 Value ETF during the fourth quarter valued at $218,000.

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.