Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Reaches New 52-Week High – Still a Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) hit a new 52-week high during trading on Tuesday . The company traded as high as $276.48 and last traded at $274.42, with a volume of 1013 shares changing hands. The stock had previously closed at $268.81.

Vanguard Russell 2000 Growth ETF Trading Down 0.0%

The stock has a market cap of $1.43 billion, a P/E ratio of 20.82 and a beta of 1.20. The firm has a 50-day simple moving average of $251.94 and a two-hundred day simple moving average of $245.55.

Vanguard Russell 2000 Growth ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Elm3 Financial Group LLC bought a new position in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter valued at $754,000. Systelligence LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth $17,186,000. Kelsey Financial LLC acquired a new stake in Vanguard Russell 2000 Growth ETF in the fourth quarter valued at $531,000. JPMorgan Chase & Co. raised its position in Vanguard Russell 2000 Growth ETF by 23.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock worth $3,210,000 after purchasing an additional 2,579 shares during the last quarter. Finally, First Citizens Asset Management Inc. bought a new position in Vanguard Russell 2000 Growth ETF during the 3rd quarter worth $473,000.

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.