Fifth Third Bancorp Invests $2.39 Million in Vanguard Russell 2000 Growth ETF $VTWG

Fifth Third Bancorp acquired a new stake in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,444 shares of the company’s stock, valued at approximately $2,392,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 3.4% during the fourth quarter. Allworth Financial LP now owns 1,321 shares of the company’s stock worth $312,000 after buying an additional 43 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 1.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,715 shares of the company’s stock worth $877,000 after buying an additional 44 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 5.6% in the fourth quarter. CreativeOne Wealth LLC now owns 928 shares of the company’s stock worth $219,000 after buying an additional 49 shares in the last quarter. Lido Advisors LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 4.1% in the third quarter. Lido Advisors LLC now owns 1,296 shares of the company’s stock worth $303,000 after buying an additional 51 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in Vanguard Russell 2000 Growth ETF by 11.4% during the fourth quarter. Farther Finance Advisors LLC now owns 891 shares of the company’s stock worth $210,000 after acquiring an additional 91 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Trading Up 1.9%

Shares of NASDAQ VTWG opened at $278.51 on Wednesday. Vanguard Russell 2000 Growth ETF has a 12-month low of $205.16 and a 12-month high of $289.14. The stock has a market cap of $1.51 billion, a PE ratio of 20.82 and a beta of 1.19. The company has a 50-day moving average of $277.00 and a 200 day moving average of $257.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.4245 dividend. This is a positive change from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.70 dividend on an annualized basis and a yield of 0.6%.

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.