Vanguard Russell 2000 ETF (NASDAQ:VTWO) Sets New 52-Week High – Should You Buy?

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

Vanguard Russell 2000 ETF Price Performance

The firm has a market cap of $16.57 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11. The business has a 50-day moving average of $114.44 and a 200-day moving average of $107.42.

Vanguard Russell 2000 ETF Increases Dividend

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

Institutional Investors Weigh In On Vanguard Russell 2000 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Winnow Wealth LLC bought a new position in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at $25,000. Advisory Services Network LLC acquired a new stake in Vanguard Russell 2000 ETF in the 3rd quarter valued at about $29,000. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at approximately $34,000. Qube Research & Technologies Ltd increased its stake in shares of Vanguard Russell 2000 ETF by 209.7% during the second quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after purchasing an additional 260 shares during the period. Finally, NBT Bank N A NY lifted its holdings in Vanguard Russell 2000 ETF by 35.8% during the 4th quarter. NBT Bank N A NY now owns 398 shares of the company’s stock worth $40,000 after purchasing an additional 105 shares during the last quarter.

About Vanguard Russell 2000 ETF

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.