Montgomery Financial Services LLC Takes $3.86 Million Position in Vanguard Russell 2000 ETF $VTWO

Montgomery Financial Services LLC purchased a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 31,767 shares of the company’s stock, valued at approximately $3,857,000. Vanguard Russell 2000 ETF comprises 3.4% of Montgomery Financial Services LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other hedge funds also recently modified their holdings of VTWO. Bank of America Corp DE increased its position in Vanguard Russell 2000 ETF by 8.1% in the fourth quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock worth $2,938,021,000 after buying an additional 2,204,005 shares during the last quarter. NEOS Investment Management LLC grew its stake in shares of Vanguard Russell 2000 ETF by 28.9% during the 2nd quarter. NEOS Investment Management LLC now owns 8,513,553 shares of the company’s stock worth $1,033,716,000 after acquiring an additional 1,908,879 shares during the period. Goldman Sachs Group Inc. increased its holdings in Vanguard Russell 2000 ETF by 72.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,363,151 shares of the company’s stock worth $334,701,000 after acquiring an additional 1,413,739 shares during the last quarter. HighTower Advisors LLC increased its holdings in Vanguard Russell 2000 ETF by 1,219.4% in the 4th quarter. HighTower Advisors LLC now owns 632,963 shares of the company’s stock worth $62,993,000 after acquiring an additional 584,990 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Vanguard Russell 2000 ETF in the 4th quarter valued at about $51,401,000.

Vanguard Russell 2000 ETF Stock Performance

Shares of Vanguard Russell 2000 ETF stock opened at $119.62 on Friday. The stock has a market capitalization of $17.61 billion, a P/E ratio of 16.60 and a beta of 1.11. Vanguard Russell 2000 ETF has a 52-week low of $92.54 and a 52-week high of $123.37. The stock’s 50-day simple moving average is $120.04 and its 200 day simple moving average is $113.29.

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.