Sound Income Strategies LLC Grows Position in Vanguard Russell 2000 Growth ETF $VTWG

Sound Income Strategies LLC raised its stake in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 21.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,580 shares of the company’s stock after purchasing an additional 8,219 shares during the quarter. Sound Income Strategies LLC owned about 0.90% of Vanguard Russell 2000 Growth ETF worth $10,750,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTWG. Horizon Investments LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 76.1% during the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock worth $85,000 after buying an additional 156 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter valued at $117,000. Disciplina Capital Management LLC purchased a new position in Vanguard Russell 2000 Growth ETF in the 4th quarter worth $118,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Vanguard Russell 2000 Growth ETF in the 4th quarter worth $128,000. Finally, IFP Advisors Inc raised its stake in Vanguard Russell 2000 Growth ETF by 21.1% in the 4th quarter. IFP Advisors Inc now owns 592 shares of the company’s stock worth $140,000 after acquiring an additional 103 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of VTWG opened at $280.48 on Friday. The stock has a 50-day moving average of $273.24 and a two-hundred day moving average of $253.65. The stock has a market cap of $1.48 billion, a P/E ratio of 20.82 and a beta of 1.18. Vanguard Russell 2000 Growth ETF has a one year low of $205.16 and a one year high of $289.14.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.4245 dividend. 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. This represents a $1.70 annualized dividend and a dividend yield of 0.6%.

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.