IFP Advisors Inc Boosts Stake in Vanguard Russell 2000 ETF $VTWO

IFP Advisors Inc raised its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 8.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,798 shares of the company’s stock after buying an additional 213 shares during the period. IFP Advisors Inc’s holdings in Vanguard Russell 2000 ETF were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTWO. AlphaCore Capital LLC bought a new stake in shares of Vanguard Russell 2000 ETF during the first quarter worth $27,000. HHM Wealth Advisors LLC lifted its holdings in Vanguard Russell 2000 ETF by 581.6% during the 1st quarter. HHM Wealth Advisors LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 285 shares in the last quarter. Proathlete Wealth Management LLC purchased a new stake in Vanguard Russell 2000 ETF in the 1st quarter valued at about $37,000. BankPlus Trust Department boosted its position in Vanguard Russell 2000 ETF by 323.7% in the 1st quarter. BankPlus Trust Department now owns 483 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the period. Finally, NorthRock Partners LLC grew its stake in Vanguard Russell 2000 ETF by 54.3% in the 1st quarter. NorthRock Partners LLC now owns 483 shares of the company’s stock worth $39,000 after acquiring an additional 170 shares in the last quarter.

Vanguard Russell 2000 ETF Stock Performance

Shares of NASDAQ:VTWO opened at $99.09 on Friday. The firm’s 50 day simple moving average is $96.07 and its 200-day simple moving average is $87.91. Vanguard Russell 2000 ETF has a one year low of $69.38 and a one year high of $102.16. The firm has a market cap of $13.21 billion, a PE ratio of 16.60 and a beta of 1.15.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.3428 per share. This represents a $1.37 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, September 24th. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.25.

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.