LPL Financial LLC Acquires 89,039 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

LPL Financial LLC raised its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 12.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 798,365 shares of the company’s stock after purchasing an additional 89,039 shares during the period. LPL Financial LLC owned 0.58% of Vanguard Russell 2000 ETF worth $71,318,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VTWO. Swan Global Investments LLC purchased a new position in shares of Vanguard Russell 2000 ETF in the 4th quarter worth about $209,000. TD Private Client Wealth LLC lifted its stake in shares of Vanguard Russell 2000 ETF by 15.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,696 shares of the company’s stock worth $241,000 after buying an additional 361 shares in the last quarter. Brooklyn FI LLC lifted its stake in shares of Vanguard Russell 2000 ETF by 6,181.7% in the fourth quarter. Brooklyn FI LLC now owns 2,713,449 shares of the company’s stock worth $250,322,000 after buying an additional 2,670,253 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Vanguard Russell 2000 ETF by 3.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 77,124 shares of the company’s stock valued at $7,238,000 after acquiring an additional 2,306 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of Vanguard Russell 2000 ETF by 1.0% during the fourth quarter. Signaturefd LLC now owns 13,238 shares of the company’s stock valued at $1,183,000 after acquiring an additional 127 shares in the last quarter.

Vanguard Russell 2000 ETF Trading Down 1.1 %

VTWO stock opened at $83.06 on Thursday. The stock has a market capitalization of $11.38 billion, a PE ratio of 15.65 and a beta of 1.15. The stock’s 50 day simple moving average is $87.93 and its 200 day simple moving average is $90.07. Vanguard Russell 2000 ETF has a 12-month low of $77.35 and a 12-month high of $99.12.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a dividend of $0.2475 per share. The ex-dividend date is Tuesday, March 25th. This represents a $0.99 annualized dividend and a dividend yield of 1.19%.

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.