Vanguard Russell 2000 ETF (NASDAQ:VTWO) Sees Unusually-High Trading Volume – What’s Next?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) saw unusually-high trading volume on Friday . Approximately 6,591,539 shares changed hands during mid-day trading, an increase of 93% from the previous session’s volume of 3,417,803 shares.The stock last traded at $119.25 and had previously closed at $119.52.

Vanguard Russell 2000 ETF Trading Down 0.2%

The stock has a market capitalization of $17.57 billion, a PE ratio of 16.60 and a beta of 1.10. The firm has a 50-day moving average price of $117.40 and a 200-day moving average price of $109.58.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.3014 per share. This represents a $1.21 dividend on an annualized basis and a yield of 1.0%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. The ex-dividend date was Thursday, June 18th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its holdings in shares of Vanguard Russell 2000 ETF by 165.8% in the 1st quarter. AQR Capital Management LLC now owns 10,126 shares of the company’s stock worth $817,000 after purchasing an additional 6,316 shares during the period. Geneos Wealth Management Inc. grew its holdings in Vanguard Russell 2000 ETF by 71.0% during the first quarter. Geneos Wealth Management Inc. now owns 691 shares of the company’s stock valued at $56,000 after purchasing an additional 287 shares during the period. Jump Financial LLC purchased a new stake in Vanguard Russell 2000 ETF in the second quarter worth $2,407,000. Qube Research & Technologies Ltd increased its position in Vanguard Russell 2000 ETF by 209.7% in the second quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after buying an additional 260 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Vanguard Russell 2000 ETF by 27.6% in the second quarter. NewEdge Advisors LLC now owns 12,869 shares of the company’s stock valued at $1,122,000 after buying an additional 2,783 shares during the period.

Vanguard Russell 2000 ETF Company Profile

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.