Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Strong Trading Volume – Here’s Why

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw unusually-strong trading volume on Friday . Approximately 34,433 shares changed hands during mid-day trading, an increase of 8% from the previous session’s volume of 32,017 shares.The stock last traded at $198.21 and had previously closed at $197.82.

Vanguard Russell 2000 Value ETF Price Performance

The business’s 50-day simple moving average is $189.92 and its two-hundred day simple moving average is $178.62. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 13.86 and a beta of 1.01.

Vanguard Russell 2000 Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.7128 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $2.85 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Vanguard Russell 2000 Value ETF’s previous quarterly dividend of $0.61.

Institutional Trading of Vanguard Russell 2000 Value ETF

A number of institutional investors have recently added to or reduced their stakes in VTWV. CoreCap Advisors LLC acquired a new stake in Vanguard Russell 2000 Value ETF in the 4th quarter valued at $25,000. Ankerstar Wealth LLC purchased a new position in Vanguard Russell 2000 Value ETF in the fourth quarter valued at about $48,000. Blueline Advisors LLC acquired a new position in shares of Vanguard Russell 2000 Value ETF during the fourth quarter worth about $54,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Vanguard Russell 2000 Value ETF during the fourth quarter worth about $103,000. Finally, Allworth Financial LP boosted its position in shares of Vanguard Russell 2000 Value ETF by 8.4% in the fourth quarter. Allworth Financial LP now owns 829 shares of the company’s stock worth $133,000 after buying an additional 64 shares during the period.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.