Northwestern Mutual Wealth Management Co. Reduces Stock Position in Vanguard Russell 2000 ETF $VTWO

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 77.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,287 shares of the company’s stock after selling 137,786 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Russell 2000 ETF were worth $3,910,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. ZWJ Investment Counsel Inc. lifted its position in shares of Vanguard Russell 2000 ETF by 3.7% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 2,770 shares of the company’s stock worth $276,000 after acquiring an additional 100 shares in the last quarter. Curtis Advisory Group LLC lifted its position in shares of Vanguard Russell 2000 ETF by 0.3% during the fourth quarter. Curtis Advisory Group LLC now owns 30,832 shares of the company’s stock worth $3,068,000 after acquiring an additional 101 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Vanguard Russell 2000 ETF by 1.3% during the fourth quarter. DAVENPORT & Co LLC now owns 7,912 shares of the company’s stock worth $787,000 after acquiring an additional 103 shares in the last quarter. Grantvest Financial Group LLC lifted its position in shares of Vanguard Russell 2000 ETF by 3.6% during the third quarter. Grantvest Financial Group LLC now owns 2,991 shares of the company’s stock worth $293,000 after acquiring an additional 105 shares in the last quarter. Finally, NBT Bank N A NY lifted its position in shares of Vanguard Russell 2000 ETF by 35.8% during the fourth quarter. NBT Bank N A NY now owns 398 shares of the company’s stock worth $40,000 after acquiring an additional 105 shares in the last quarter.

Vanguard Russell 2000 ETF Price Performance

NASDAQ:VTWO opened at $115.20 on Monday. The company has a market cap of $15.99 billion, a P/E ratio of 16.60 and a beta of 1.11. The stock’s fifty day moving average price is $107.27 and its two-hundred day moving average price is $104.36. Vanguard Russell 2000 ETF has a 1 year low of $80.71 and a 1 year high of $116.20.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.2621 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 24th.

Vanguard Russell 2000 ETF Company Profile

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.