Vanguard Russell 2000 ETF (NASDAQ:VTWO) Sets New 1-Year High – Should You Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $118.79 and last traded at $118.65, with a volume of 633920 shares traded. The stock had previously closed at $117.37.

Vanguard Russell 2000 ETF Trading Up 0.9%

The business’s fifty day moving average price is $112.24 and its 200 day moving average price is $106.40. The company has a market capitalization of $16.43 billion, a P/E ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a dividend of $0.2621 per share. This represents a $1.05 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Several institutional investors have recently added to or reduced their stakes in the company. North Star Investment Management Corp. lifted its holdings in Vanguard Russell 2000 ETF by 2.3% during the 1st quarter. North Star Investment Management Corp. now owns 4,251 shares of the company’s stock valued at $426,000 after purchasing an additional 96 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its holdings in Vanguard Russell 2000 ETF by 3.7% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 2,770 shares of the company’s stock valued at $276,000 after purchasing an additional 100 shares during the last quarter. Curtis Advisory Group LLC lifted its holdings in Vanguard Russell 2000 ETF by 0.3% during the 4th quarter. Curtis Advisory Group LLC now owns 30,832 shares of the company’s stock valued at $3,068,000 after purchasing an additional 101 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in Vanguard Russell 2000 ETF by 1.3% during the 4th quarter. DAVENPORT & Co LLC now owns 7,912 shares of the company’s stock valued at $787,000 after purchasing an additional 103 shares during the last quarter. Finally, Wealth Dimensions Group Ltd. lifted its holdings in Vanguard Russell 2000 ETF by 0.3% during the 4th quarter. Wealth Dimensions Group Ltd. now owns 31,910 shares of the company’s stock valued at $3,176,000 after purchasing an additional 103 shares during the last quarter.

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.