Fifth Third Bancorp Acquires 85,256 Shares of Vanguard Russell 2000 ETF $VTWO

Fifth Third Bancorp lifted its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 3,475.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 87,709 shares of the company’s stock after acquiring an additional 85,256 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Russell 2000 ETF were worth $8,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Central Bank & Trust Co. lifted its holdings in shares of Vanguard Russell 2000 ETF by 374.4% in the fourth quarter. Central Bank & Trust Co. now owns 12,288 shares of the company’s stock worth $1,223,000 after acquiring an additional 9,698 shares during the last quarter. Genesis Private Wealth LLC bought a new stake in shares of Vanguard Russell 2000 ETF during the 4th quarter valued at approximately $598,000. D.A. Davidson & CO. grew its holdings in shares of Vanguard Russell 2000 ETF by 5.2% during the 4th quarter. D.A. Davidson & CO. now owns 95,532 shares of the company’s stock valued at $9,507,000 after purchasing an additional 4,720 shares during the last quarter. Brookstone Capital Management increased its position in Vanguard Russell 2000 ETF by 15.3% during the 4th quarter. Brookstone Capital Management now owns 46,915 shares of the company’s stock worth $4,669,000 after purchasing an additional 6,212 shares in the last quarter. Finally, AE Wealth Management LLC increased its position in Vanguard Russell 2000 ETF by 3.5% during the 4th quarter. AE Wealth Management LLC now owns 280,786 shares of the company’s stock worth $27,944,000 after purchasing an additional 9,598 shares in the last quarter.

Vanguard Russell 2000 ETF Price Performance

Shares of NASDAQ:VTWO opened at $119.58 on Thursday. Vanguard Russell 2000 ETF has a one year low of $85.88 and a one year high of $122.35. The company has a market cap of $17.61 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10. The firm has a 50 day simple moving average of $117.29 and a 200 day simple moving average of $109.46.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.3014 per share. This represents a $1.21 annualized dividend and a dividend yield of 1.0%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. The ex-dividend date was Thursday, June 18th.

Vanguard Russell 2000 ETF Profile

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.