Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Shares Up 2.6% – Still a Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV)’s share price shot up 2.6% during mid-day trading on Wednesday . The stock traded as high as $175.32 and last traded at $174.83. 37,075 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 38,283 shares. The stock had previously closed at $170.39.

Vanguard Russell 2000 Value ETF Stock Up 2.6%

The firm has a fifty day moving average of $171.16 and a 200-day moving average of $164.27. The firm has a market cap of $1.10 billion, a P/E ratio of 13.86 and a beta of 1.02.

Vanguard Russell 2000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a $0.6109 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $2.44 annualized dividend and a yield of 1.4%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VTWV. CoreCap Advisors LLC bought a new position in shares of Vanguard Russell 2000 Value ETF in the 4th quarter worth $25,000. Ankerstar Wealth LLC bought a new position in shares of Vanguard Russell 2000 Value ETF in the 4th quarter worth $48,000. Blueline Advisors LLC bought a new position in shares of Vanguard Russell 2000 Value ETF in the 4th quarter worth $54,000. Farther Finance Advisors LLC boosted its position in shares of Vanguard Russell 2000 Value ETF by 22.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 536 shares of the company’s stock worth $84,000 after purchasing an additional 99 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Vanguard Russell 2000 Value ETF in the 4th quarter worth $103,000.

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.