Halbert Hargrove Global Advisors LLC Cuts Position in Vanguard Russell 2000 ETF $VTWO

Halbert Hargrove Global Advisors LLC reduced its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 42.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,743 shares of the company’s stock after selling 15,376 shares during the period. Vanguard Russell 2000 ETF makes up approximately 0.1% of Halbert Hargrove Global Advisors LLC’s holdings, making the stock its 29th largest holding. Halbert Hargrove Global Advisors LLC’s holdings in Vanguard Russell 2000 ETF were worth $2,078,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in Vanguard Russell 2000 ETF by 8.1% during the fourth quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock valued at $2,938,021,000 after buying an additional 2,204,005 shares in the last quarter. Morgan Stanley increased its position in shares of Vanguard Russell 2000 ETF by 2.2% in the fourth quarter. Morgan Stanley now owns 8,811,195 shares of the company’s stock worth $876,890,000 after acquiring an additional 192,321 shares in the last quarter. Natixis Advisors LLC increased its position in shares of Vanguard Russell 2000 ETF by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 5,860,950 shares of the company’s stock worth $583,282,000 after acquiring an additional 281,079 shares in the last quarter. US Bancorp DE raised its stake in shares of Vanguard Russell 2000 ETF by 7.3% in the 4th quarter. US Bancorp DE now owns 5,260,478 shares of the company’s stock valued at $523,533,000 after acquiring an additional 358,891 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard Russell 2000 ETF by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 3,525,185 shares of the company’s stock valued at $350,826,000 after acquiring an additional 54,228 shares during the period.

Vanguard Russell 2000 ETF Trading Up 0.9%

NASDAQ:VTWO opened at $120.46 on Tuesday. The firm’s fifty day simple moving average is $114.16 and its 200 day simple moving average is $107.29. Vanguard Russell 2000 ETF has a twelve month low of $83.59 and a twelve month high of $121.00. The firm has a market capitalization of $16.72 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th will be given a $0.3014 dividend. This represents a $1.21 annualized dividend 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 of this dividend is Thursday, June 18th.

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.