Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Stock Position Cut by Crestone Asset Management LLC

Crestone Asset Management LLC reduced its holdings in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 6.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 165,290 shares of the company’s stock after selling 12,242 shares during the period. Vanguard Russell 2000 Growth ETF accounts for 6.9% of Crestone Asset Management LLC’s portfolio, making the stock its 6th biggest position. Crestone Asset Management LLC’s holdings in Vanguard Russell 2000 Growth ETF were worth $30,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its stake in Vanguard Russell 2000 Growth ETF by 0.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 23,018 shares of the company’s stock valued at $3,754,000 after acquiring an additional 192 shares during the last quarter. RWA Wealth Partners LLC bought a new position in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter worth about $2,491,000. Raymond James & Associates grew its stake in Vanguard Russell 2000 Growth ETF by 1.2% in the fourth quarter. Raymond James & Associates now owns 12,957 shares of the company’s stock worth $2,378,000 after purchasing an additional 154 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in Vanguard Russell 2000 Growth ETF by 3.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 4,840 shares of the company’s stock valued at $888,000 after buying an additional 143 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in Vanguard Russell 2000 Growth ETF by 21.7% in the fourth quarter. Signaturefd LLC now owns 337 shares of the company’s stock valued at $62,000 after buying an additional 60 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Stock Down 0.7 %

NASDAQ:VTWG traded down $1.43 during trading hours on Wednesday, reaching $189.29. 27,042 shares of the stock were exchanged, compared to its average volume of 30,325. The stock has a market capitalization of $899.13 million, a P/E ratio of 15.65 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a 52 week low of $148.12 and a 52 week high of $199.00. The firm has a 50 day simple moving average of $189.66 and a 200-day simple moving average of $178.94.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a dividend of $0.266 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.06 annualized dividend and a dividend yield of 0.56%.

Vanguard Russell 2000 Growth ETF Company 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.