Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 1-Year High – Here’s What Happened

Vanguard Russell 2000 ETF (NASDAQ:VTWO)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $116.84 and last traded at $116.74, with a volume of 181529 shares trading hands. The stock had previously closed at $115.20.

Vanguard Russell 2000 ETF Stock Performance

The stock has a market cap of $16.21 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11. The company’s 50 day simple moving average is $107.58 and its two-hundred day simple moving average is $104.48.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.2621 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.05 dividend on an annualized basis and a yield of 0.9%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VTWO. Bank of America Corp DE boosted its holdings in shares of Vanguard Russell 2000 ETF by 8.1% in 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 during the period. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Russell 2000 ETF by 72.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,363,151 shares of the company’s stock worth $334,701,000 after purchasing an additional 1,413,739 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter worth $121,029,000. NEOS Investment Management LLC lifted its position in shares of Vanguard Russell 2000 ETF by 49.9% in the third quarter. NEOS Investment Management LLC now owns 3,508,850 shares of the company’s stock worth $343,236,000 after purchasing an additional 1,168,230 shares in the last quarter. Finally, PKS Advisory Services LLC lifted its position in shares of Vanguard Russell 2000 ETF by 2,968.7% in the third quarter. PKS Advisory Services LLC now owns 725,657 shares of the company’s stock worth $70,984,000 after purchasing an additional 702,010 shares in the last quarter.

About Vanguard Russell 2000 ETF

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.