Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw strong trading volume on Thursday . 75,204 shares traded hands during mid-day trading, an increase of 223% from the previous session’s volume of 23,260 shares.The stock last traded at $279.53 and had previously closed at $277.20.

Vanguard Russell 2000 Growth ETF Stock Performance

The stock has a market cap of $1.44 billion, a PE ratio of 20.82 and a beta of 1.20. The stock has a fifty day moving average price of $251.94 and a 200 day moving average price 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. Stockholders of record on Tuesday, March 24th were issued a $0.3241 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the 1st quarter worth approximately $44,000. Royal Bank of Canada boosted its holdings in Vanguard Russell 2000 Growth ETF by 60.3% during the 1st quarter. Royal Bank of Canada now owns 28,675 shares of the company’s stock valued at $6,568,000 after acquiring an additional 10,790 shares during the period. Quantinno Capital Management LP boosted its holdings in Vanguard Russell 2000 Growth ETF by 44.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,884 shares of the company’s stock valued at $432,000 after acquiring an additional 584 shares during the period. Cetera Investment Advisers boosted its holdings in Vanguard Russell 2000 Growth ETF by 1.5% during the 1st quarter. Cetera Investment Advisers now owns 38,082 shares of the company’s stock valued at $8,722,000 after acquiring an additional 562 shares during the period. Finally, Assetmark Inc. boosted its holdings in Vanguard Russell 2000 Growth ETF by 0.4% during the 1st quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock valued at $26,293,000 after acquiring an additional 440 shares during the period.

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.