Nvest Financial LLC Purchases 21,910 Shares of Vanguard Russell 2000 Growth ETF $VTWG

Nvest Financial LLC grew its position in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 746.0% during the first quarter, HoldingsChannel.com reports. The firm owned 24,847 shares of the company’s stock after purchasing an additional 21,910 shares during the period. Vanguard Russell 2000 Growth ETF makes up approximately 2.1% of Nvest Financial LLC’s portfolio, making the stock its 13th biggest holding. Nvest Financial LLC’s holdings in Vanguard Russell 2000 Growth ETF were worth $5,691,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in Vanguard Russell 2000 Growth ETF by 5.4% during the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after buying an additional 15,449 shares during the period. Systelligence LLC increased its position in Vanguard Russell 2000 Growth ETF by 1.6% in the 1st quarter. Systelligence LLC now owns 74,008 shares of the company’s stock valued at $16,951,000 after acquiring an additional 1,184 shares during the period. Private Advisor Group LLC increased its position in Vanguard Russell 2000 Growth ETF by 421.4% in the 1st quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock valued at $16,352,000 after acquiring an additional 57,703 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after acquiring an additional 4,174 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard Russell 2000 Growth ETF by 0.8% during the fourth quarter. Wells Fargo & Company MN now owns 65,159 shares of the company’s stock valued at $15,377,000 after acquiring an additional 543 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of NASDAQ:VTWG opened at $280.48 on Monday. Vanguard Russell 2000 Growth ETF has a 52 week low of $205.16 and a 52 week high of $289.14. The firm has a market cap of $1.48 billion, a PE ratio of 20.82 and a beta of 1.19. The firm’s fifty day moving average is $273.61 and its 200-day moving average is $253.93.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued 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.

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.