Elevation Point Wealth Partners LLC Invests $605,000 in Vanguard Russell 2000 ETF $VTWO

Elevation Point Wealth Partners LLC acquired a new stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,037 shares of the company’s stock, valued at approximately $605,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Winnow Wealth LLC purchased a new position in shares of Vanguard Russell 2000 ETF in the fourth quarter worth about $25,000. Advisory Services Network LLC purchased a new stake in Vanguard Russell 2000 ETF during the 3rd quarter valued at about $29,000. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Russell 2000 ETF during the 4th quarter valued at about $34,000. Qube Research & Technologies Ltd raised its holdings in Vanguard Russell 2000 ETF by 209.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock valued at $33,000 after acquiring an additional 260 shares during the last quarter. Finally, NBT Bank N A NY raised its holdings in Vanguard Russell 2000 ETF by 35.8% in the 4th quarter. NBT Bank N A NY now owns 398 shares of the company’s stock valued at $40,000 after acquiring an additional 105 shares during the last quarter.

Vanguard Russell 2000 ETF Price Performance

VTWO opened at $119.73 on Wednesday. The firm has a market capitalization of $17.20 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10. The company’s 50 day simple moving average is $116.48 and its two-hundred day simple moving average is $108.72. Vanguard Russell 2000 ETF has a 1-year low of $85.88 and a 1-year high of $122.35.

Vanguard Russell 2000 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 $0.3014 dividend. This represents a $1.21 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26.

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.