Summit Global Investments Invests $1.57 Million in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Summit Global Investments bought a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 19,498 shares of the company’s stock, valued at approximately $1,573,000.

Other institutional investors also recently modified their holdings of the company. Trifecta Capital Advisors LLC acquired a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at about $25,000. CENTRAL TRUST Co increased its position in Vanguard Russell 2000 ETF by 1,957.1% during the 4th quarter. CENTRAL TRUST Co now owns 288 shares of the company’s stock valued at $26,000 after purchasing an additional 274 shares during the period. Key Financial Inc raised its holdings in Vanguard Russell 2000 ETF by 2,613.3% during the 4th quarter. Key Financial Inc now owns 407 shares of the company’s stock worth $36,000 after purchasing an additional 392 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Vanguard Russell 2000 ETF during the 4th quarter worth approximately $41,000. Finally, YANKCOM Partnership acquired a new position in shares of Vanguard Russell 2000 ETF in the 4th quarter worth approximately $45,000.

Vanguard Russell 2000 ETF Stock Performance

NASDAQ:VTWO opened at $83.31 on Friday. Vanguard Russell 2000 ETF has a 52 week low of $69.38 and a 52 week high of $99.12. The firm’s fifty day moving average is $79.32 and its 200-day moving average is $86.67. The firm has a market cap of $11.21 billion, a P/E ratio of 16.27 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.2475 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.99 dividend on an annualized basis and a yield of 1.19%.

About Vanguard Russell 2000 ETF

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that is based on the Russell 2000 index, a market-cap-weighted index of US small-cap stocks VTWO was launched on Sep 20, 2010 and is managed by Vanguard.