Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 52-Week High – Still a Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $120.68 and last traded at $120.58, with a volume of 160671 shares. The stock had previously closed at $119.36.

Vanguard Russell 2000 ETF Stock Up 0.5%

The company has a market cap of $16.66 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11. The company’s 50-day moving average is $113.87 and its 200 day moving average is $107.14.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.3014 per share. This represents a $1.21 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 18th. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26.

Institutional Investors Weigh In On Vanguard Russell 2000 ETF

Institutional investors have recently modified their holdings of the business. AQR Capital Management LLC grew its holdings in Vanguard Russell 2000 ETF by 165.8% in the first quarter. AQR Capital Management LLC now owns 10,126 shares of the company’s stock valued at $817,000 after purchasing an additional 6,316 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Vanguard Russell 2000 ETF by 71.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 691 shares of the company’s stock worth $56,000 after buying an additional 287 shares during the period. Jump Financial LLC acquired a new position in shares of Vanguard Russell 2000 ETF during the 2nd quarter worth approximately $2,407,000. Qube Research & Technologies Ltd lifted its position in shares of Vanguard Russell 2000 ETF by 209.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock valued at $33,000 after buying an additional 260 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Vanguard Russell 2000 ETF by 27.6% during the 2nd quarter. NewEdge Advisors LLC now owns 12,869 shares of the company’s stock valued at $1,122,000 after buying an additional 2,783 shares in the last quarter.

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.