Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 52-Week High – Here’s What Happened

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $288.71 and last traded at $288.53, with a volume of 2062 shares. The stock had previously closed at $287.68.

Vanguard Russell 2000 Growth ETF Price Performance

The stock’s 50 day moving average is $272.35 and its two-hundred day moving average is $253.12. The firm has a market capitalization of $1.49 billion, a P/E ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.4245 per share. This represents a $1.70 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of institutional investors have recently made changes to their positions in VTWG. Allworth Financial LP lifted its stake in Vanguard Russell 2000 Growth ETF by 3.4% in the fourth quarter. Allworth Financial LP now owns 1,321 shares of the company’s stock valued at $312,000 after buying an additional 43 shares during the period. Financial Engines Advisors L.L.C. grew its position in shares of Vanguard Russell 2000 Growth ETF by 1.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,715 shares of the company’s stock worth $877,000 after buying an additional 44 shares during the period. CreativeOne Wealth LLC increased its stake in shares of Vanguard Russell 2000 Growth ETF by 5.6% in the 4th quarter. CreativeOne Wealth LLC now owns 928 shares of the company’s stock valued at $219,000 after acquiring an additional 49 shares during the last quarter. Lido Advisors LLC increased its stake in shares of Vanguard Russell 2000 Growth ETF by 4.1% in the 3rd quarter. Lido Advisors LLC now owns 1,296 shares of the company’s stock valued at $303,000 after acquiring an additional 51 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Vanguard Russell 2000 Growth ETF by 2.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,804 shares of the company’s stock valued at $871,000 after acquiring an additional 80 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.