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

Vanguard Russell 2000 ETF (NASDAQ:VTWO)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $122.37 and last traded at $122.00, with a volume of 141961 shares traded. The stock had previously closed at $121.96.

Vanguard Russell 2000 ETF Trading Down 0.1%

The company has a market capitalization of $17.95 billion, a PE ratio of 16.60 and a beta of 1.10. The business’s 50-day simple moving average is $118.61 and its 200-day simple moving average is $111.03.

Vanguard Russell 2000 ETF Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VTWO. Heck Capital Advisors LLC grew its position in Vanguard Russell 2000 ETF by 2.9% during the 2nd quarter. Heck Capital Advisors LLC now owns 4,907 shares of the company’s stock worth $596,000 after purchasing an additional 139 shares during the period. Sapient Capital LLC raised its stake in shares of Vanguard Russell 2000 ETF by 37.4% during the 2nd quarter. Sapient Capital LLC now owns 5,203 shares of the company’s stock valued at $632,000 after buying an additional 1,416 shares during the last quarter. Allied Private Wealth LLC acquired a new position in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $27,000. Breakwater Capital Group acquired a new position in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $216,000. Finally, First Heartland Consultants Inc. purchased a new stake in shares of Vanguard Russell 2000 ETF in the second quarter worth about $1,564,000.

Vanguard Russell 2000 ETF Company 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.