Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-high trading volume on Monday . Approximately 16,736 shares changed hands during trading, a decline of 34% from the previous session’s volume of 25,179 shares.The stock last traded at $259.70 and had previously closed at $260.23.

Vanguard Russell 2000 Growth ETF Price Performance

The business has a 50 day moving average of $240.15 and a 200 day moving average of $240.92. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 20.82 and a beta of 1.16.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.3241 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VTWG. Goldman Sachs Group Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 12.9% in the first quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock valued at $1,679,000 after purchasing an additional 1,028 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 20.1% in the second quarter. Raymond James Financial Inc. now owns 41,359 shares of the company’s stock valued at $8,622,000 after purchasing an additional 6,927 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after purchasing an additional 4,174 shares in the last quarter. Curi Capital LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the second quarter valued at $609,000. Finally, Great Valley Advisor Group Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 1.8% in the second quarter. Great Valley Advisor Group Inc. now owns 8,415 shares of the company’s stock valued at $1,754,000 after purchasing an additional 147 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Company Profile

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.