Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Reaches New 12-Month High – Here’s Why

Shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $256.86 and last traded at $255.98, with a volume of 18729 shares trading hands. The stock had previously closed at $252.30.

Vanguard Russell 2000 Growth ETF Trading Up 1.5%

The company has a market capitalization of $1.25 billion, a PE ratio of 20.82 and a beta of 1.17. The business has a fifty day moving average of $240.24 and a 200 day moving average of $231.42.

Vanguard Russell 2000 Growth ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were paid a $0.6673 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.67 annualized dividend and a dividend yield of 1.0%.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Several large investors have recently added to or reduced their stakes in the business. Mission Wealth Management LP acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the second quarter worth $1,288,000. Truist Financial Corp raised its stake in shares of Vanguard Russell 2000 Growth ETF by 14.2% in the second quarter. Truist Financial Corp now owns 18,999 shares of the company’s stock valued at $3,961,000 after acquiring an additional 2,364 shares in the last quarter. Fifth Third Securities Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 54.9% in the third quarter. Fifth Third Securities Inc. now owns 26,377 shares of the company’s stock valued at $6,166,000 after acquiring an additional 9,347 shares in the last quarter. Assetmark Inc. boosted its holdings in Vanguard Russell 2000 Growth ETF by 4.2% in the second quarter. Assetmark Inc. now owns 132,373 shares of the company’s stock valued at $27,596,000 after purchasing an additional 5,314 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in Vanguard Russell 2000 Growth ETF by 12.4% in the second quarter. Parkside Financial Bank & Trust now owns 10,625 shares of the company’s stock valued at $2,215,000 after purchasing an additional 1,175 shares during the period.

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.