Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 52-Week High – Here’s What Happened

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $288.71 and last traded at $288.53, with a volume of 2062 shares changing hands. The stock had previously closed at $287.68.

Vanguard Russell 2000 Growth ETF Stock Up 0.1%

The company’s fifty day simple moving average is $272.35 and its two-hundred day simple moving average is $253.12. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a dividend of $0.4245 per share. This represents a $1.70 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. This is a boost from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 3.4% in the fourth quarter. Allworth Financial LP now owns 1,321 shares of the company’s stock worth $312,000 after acquiring an additional 43 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 1.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,715 shares of the company’s stock valued at $877,000 after purchasing an additional 44 shares in the last quarter. CreativeOne Wealth LLC grew its position in shares of Vanguard Russell 2000 Growth ETF by 5.6% in the 4th quarter. CreativeOne Wealth LLC now owns 928 shares of the company’s stock valued at $219,000 after purchasing an additional 49 shares during the period. Lido Advisors LLC grew its position in shares of Vanguard Russell 2000 Growth ETF by 4.1% in the 3rd quarter. Lido Advisors LLC now owns 1,296 shares of the company’s stock valued at $303,000 after purchasing an additional 51 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Vanguard Russell 2000 Growth ETF by 2.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,804 shares of the company’s stock worth $871,000 after purchasing an additional 80 shares in the last quarter.

About Vanguard Russell 2000 Growth ETF

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.