Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) shares saw unusually-strong trading volume on Friday . 34,433 shares changed hands during trading, an increase of 8% from the previous session’s volume of 32,017 shares.The stock last traded at $198.21 and had previously closed at $197.82.

Vanguard Russell 2000 Value ETF Stock Down 0.8%

The company has a market cap of $1.30 billion, a PE ratio of 13.86 and a beta of 1.01. The stock’s 50 day simple moving average is $189.92 and its two-hundred day simple moving average is $178.62.

Vanguard Russell 2000 Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.7128 per share. This represents a $2.85 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Value ETF’s previous quarterly dividend of $0.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP grew its position in Vanguard Russell 2000 Value ETF by 8.4% during the fourth quarter. Allworth Financial LP now owns 829 shares of the company’s stock valued at $133,000 after acquiring an additional 64 shares during the period. Berkshire Asset Management LLC PA raised its holdings in shares of Vanguard Russell 2000 Value ETF by 0.3% in the 4th quarter. Berkshire Asset Management LLC PA now owns 23,899 shares of the company’s stock worth $3,822,000 after purchasing an additional 75 shares during the period. Stifel Financial Corp lifted its stake in shares of Vanguard Russell 2000 Value ETF by 1.0% in the 4th quarter. Stifel Financial Corp now owns 8,110 shares of the company’s stock valued at $1,297,000 after purchasing an additional 82 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Vanguard Russell 2000 Value ETF by 2.3% in the 1st quarter. NewEdge Advisors LLC now owns 4,073 shares of the company’s stock valued at $681,000 after purchasing an additional 90 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Vanguard Russell 2000 Value ETF by 5.3% during the 4th quarter. Corient Private Wealth LLC now owns 2,003 shares of the company’s stock worth $320,000 after purchasing an additional 100 shares during the period.

Vanguard Russell 2000 Value ETF Company Profile

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.