Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw strong trading volume on Tuesday . 124,447 shares changed hands during trading, an increase of 285% from the previous session’s volume of 32,300 shares.The stock last traded at $191.90 and had previously closed at $192.31.

Vanguard Russell 2000 Value ETF Price Performance

The company has a market capitalization of $1.21 billion, a PE ratio of 13.86 and a beta of 1.02. The business’s 50 day simple moving average is $184.13 and its 200 day simple moving average is $173.99.

Vanguard Russell 2000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a $0.6109 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $2.44 dividend on an annualized basis and a yield of 1.3%.

Hedge Funds Weigh In On Vanguard Russell 2000 Value ETF

Several large investors have recently modified their holdings of the business. Bank of America Corp DE increased its position in shares of Vanguard Russell 2000 Value ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 425,733 shares of the company’s stock worth $71,191,000 after purchasing an additional 36,166 shares during the last quarter. Pathstone Holdings LLC lifted its position in Vanguard Russell 2000 Value ETF by 1.1% in the third quarter. Pathstone Holdings LLC now owns 188,565 shares of the company’s stock valued at $29,392,000 after buying an additional 2,068 shares during the last quarter. Private Advisor Group LLC lifted its position in Vanguard Russell 2000 Value ETF by 410.5% in the first quarter. Private Advisor Group LLC now owns 95,629 shares of the company’s stock valued at $15,991,000 after buying an additional 76,898 shares during the last quarter. Commerce Bank boosted its stake in Vanguard Russell 2000 Value ETF by 28.7% during the fourth quarter. Commerce Bank now owns 95,199 shares of the company’s stock worth $15,225,000 after buying an additional 21,235 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Vanguard Russell 2000 Value ETF by 140.2% during the fourth quarter. Wells Fargo & Company MN now owns 82,477 shares of the company’s stock worth $13,190,000 after buying an additional 48,138 shares during the period.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.