Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 52-Week High – Still a Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO)’s stock price reached a new 52-week high on Monday . The company traded as high as $120.68 and last traded at $120.58, with a volume of 160671 shares. The stock had previously closed at $119.36.

Vanguard Russell 2000 ETF Price Performance

The company’s fifty day simple moving average is $113.87 and its 200-day simple moving average is $107.14. The firm has a market capitalization of $16.66 billion, a PE ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th will be given a dividend of $0.3014 per share. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. The ex-dividend date is Thursday, June 18th. This represents a $1.21 annualized dividend and a dividend yield of 1.0%.

Institutional Investors Weigh In On Vanguard Russell 2000 ETF

Several institutional investors have recently bought and sold shares of VTWO. North Star Investment Management Corp. boosted its stake in shares of Vanguard Russell 2000 ETF by 2.3% during the 1st quarter. North Star Investment Management Corp. now owns 4,251 shares of the company’s stock valued at $426,000 after buying an additional 96 shares during the last quarter. ZWJ Investment Counsel Inc. increased its stake in shares of Vanguard Russell 2000 ETF by 3.7% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 2,770 shares of the company’s stock worth $276,000 after buying an additional 100 shares during the last quarter. Curtis Advisory Group LLC raised its holdings in Vanguard Russell 2000 ETF by 0.3% in the fourth quarter. Curtis Advisory Group LLC now owns 30,832 shares of the company’s stock valued at $3,068,000 after acquiring an additional 101 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in Vanguard Russell 2000 ETF by 1.3% during the 4th quarter. DAVENPORT & Co LLC now owns 7,912 shares of the company’s stock valued at $787,000 after acquiring an additional 103 shares during the last quarter. Finally, Wealth Dimensions Group Ltd. boosted its stake in Vanguard Russell 2000 ETF by 0.3% during the 4th quarter. Wealth Dimensions Group Ltd. now owns 31,910 shares of the company’s stock valued at $3,176,000 after acquiring an additional 103 shares during the last quarter.

About Vanguard Russell 2000 ETF

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.