Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 1-Year High – Here’s What Happened

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $248.43 and last traded at $247.70, with a volume of 47817 shares traded. The stock had previously closed at $245.95.

Vanguard Russell 2000 Growth ETF Stock Up 1.0%

The firm has a 50-day moving average of $237.88 and a two-hundred day moving average of $228.96. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 20.82 and a beta of 1.17.

Vanguard Russell 2000 Growth ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a $0.6673 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Truist Financial Corp grew its position in Vanguard Russell 2000 Growth ETF by 14.2% in the second quarter. Truist Financial Corp now owns 18,999 shares of the company’s stock worth $3,961,000 after acquiring an additional 2,364 shares in the last quarter. Mission Wealth Management LP bought a new stake in Vanguard Russell 2000 Growth ETF in the second quarter worth $1,288,000. Fifth Third Securities Inc. increased its position in Vanguard Russell 2000 Growth ETF by 54.9% during the third quarter. Fifth Third Securities Inc. now owns 26,377 shares of the company’s stock worth $6,166,000 after buying an additional 9,347 shares during the last quarter. Assetmark Inc. raised its holdings in Vanguard Russell 2000 Growth ETF by 4.2% during the second quarter. Assetmark Inc. now owns 132,373 shares of the company’s stock valued at $27,596,000 after buying an additional 5,314 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of Vanguard Russell 2000 Growth ETF by 12.4% in the second quarter. Parkside Financial Bank & Trust now owns 10,625 shares of the company’s stock worth $2,215,000 after buying an additional 1,175 shares during the last quarter.

About Vanguard Russell 2000 Growth ETF

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.