Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Shares Up 1.3% – What’s Next?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s share price was up 1.3% during mid-day trading on Wednesday . The company traded as high as $235.88 and last traded at $234.26. Approximately 15,903 shares changed hands during trading, a decline of 41% from the average daily volume of 26,926 shares. The stock had previously closed at $231.31.

Vanguard Russell 2000 Growth ETF Price Performance

The stock’s fifty day simple moving average is $243.77 and its 200-day simple moving average is $239.71. The firm has a market cap of $1.15 billion, a PE ratio of 20.82 and a beta of 1.17.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 24th will be given a $0.3241 dividend. This represents a $1.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 24th.

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VTWG. TD Private Client Wealth LLC lifted its position in Vanguard Russell 2000 Growth ETF by 28.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock worth $53,000 after acquiring an additional 50 shares during the period. Horizon Investments LLC increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 76.1% in the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock valued at $85,000 after purchasing an additional 156 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter valued at about $117,000. Disciplina Capital Management LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth about $118,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth about $128,000.

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.