Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 12-Month High – Still a Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $259.75 and last traded at $259.75, with a volume of 4171 shares changing hands. The stock had previously closed at $254.05.

Vanguard Russell 2000 Growth ETF Stock Up 2.2%

The company has a market cap of $1.34 billion, a PE ratio of 20.82 and a beta of 1.16. The company has a 50-day moving average of $239.48 and a 200-day moving average of $240.30.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.3241 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.30 annualized dividend and a dividend yield of 0.5%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 28.1% during the third quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock valued at $53,000 after buying an additional 50 shares during the last quarter. Horizon Investments LLC lifted its holdings in Vanguard Russell 2000 Growth ETF by 76.1% during the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock worth $85,000 after acquiring an additional 156 shares during the period. Atlas Capital Advisors Inc. bought a new stake in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $117,000. Disciplina Capital Management LLC bought a new stake in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $118,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $128,000.

Vanguard Russell 2000 Growth ETF Company Profile

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.