Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sets New 12-Month High – Still a Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) hit a new 52-week high during trading on Tuesday . The company traded as high as $188.42 and last traded at $187.86, with a volume of 2425 shares trading hands. The stock had previously closed at $185.09.

Vanguard Russell 2000 Value ETF Trading Up 0.1%

The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 13.86 and a beta of 1.03. The firm has a 50-day simple moving average of $177.49 and a two-hundred day simple moving average of $170.40.

Vanguard Russell 2000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.6109 per share. The ex-dividend date was Tuesday, March 24th. This represents a $2.44 dividend on an annualized basis and a yield of 1.3%.

Institutional Investors Weigh In On Vanguard Russell 2000 Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC grew its holdings in shares of Vanguard Russell 2000 Value ETF by 410.5% during the first quarter. Private Advisor Group LLC now owns 95,629 shares of the company’s stock worth $15,991,000 after purchasing an additional 76,898 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard Russell 2000 Value ETF by 140.2% in the fourth quarter. Wells Fargo & Company MN now owns 82,477 shares of the company’s stock worth $13,190,000 after acquiring an additional 48,138 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Vanguard Russell 2000 Value ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 425,733 shares of the company’s stock worth $71,191,000 after purchasing an additional 36,166 shares in the last quarter. Brandywine Asset Management Inc. bought a new stake in shares of Vanguard Russell 2000 Value ETF during the fourth quarter valued at approximately $3,965,000. Finally, Commerce Bank grew its stake in shares of Vanguard Russell 2000 Value ETF by 28.7% during the fourth quarter. Commerce Bank now owns 95,199 shares of the company’s stock valued at $15,225,000 after purchasing an additional 21,235 shares during the last quarter.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.