Avantax Planning Partners Inc. Makes New Investment in Vanguard Russell 2000 Growth ETF $VTWG

Avantax Planning Partners Inc. bought a new position in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,128 shares of the company’s stock, valued at approximately $487,000.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 5.4% in the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after purchasing an additional 15,449 shares in the last quarter. Systelligence LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 1.6% during the first quarter. Systelligence LLC now owns 74,008 shares of the company’s stock valued at $16,951,000 after buying an additional 1,184 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 421.4% during the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock valued at $16,352,000 after buying an additional 57,703 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Vanguard Russell 2000 Growth ETF by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock worth $13,933,000 after buying an additional 4,174 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Vanguard Russell 2000 Growth ETF by 0.8% in the 4th quarter. Wells Fargo & Company MN now owns 65,159 shares of the company’s stock worth $15,377,000 after buying an additional 543 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of NASDAQ:VTWG opened at $278.80 on Wednesday. Vanguard Russell 2000 Growth ETF has a fifty-two week low of $205.16 and a fifty-two week high of $289.14. The business has a 50-day simple moving average of $276.40 and a two-hundred day simple moving average of $255.91. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 20.82 and a beta of 1.19.

Vanguard Russell 2000 Growth ETF Increases Dividend

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

Vanguard Russell 2000 Growth ETF Profile

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.