Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Large Volume Increase – Here’s What Happened

Shares of Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw unusually-high trading volume on Thursday . 40,531 shares were traded during mid-day trading, an increase of 28% from the previous session’s volume of 31,777 shares.The stock last traded at $194.08 and had previously closed at $192.60.

Vanguard Russell 2000 Value ETF Stock Up 0.7%

The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 13.86 and a beta of 1.02. The company’s 50-day moving average is $186.52 and its 200-day moving average is $175.47.

Vanguard Russell 2000 Value ETF Increases Dividend

The business also recently disclosed 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 was Thursday, June 18th. This represents a $2.85 annualized dividend and a dividend yield of 1.5%. This is an increase from Vanguard Russell 2000 Value ETF’s previous quarterly dividend of $0.61.

Institutional Trading of Vanguard Russell 2000 Value ETF

Institutional investors have recently bought and sold shares of the stock. Private Advisor Group LLC grew its position in Vanguard Russell 2000 Value ETF by 410.5% in the first quarter. Private Advisor Group LLC now owns 95,629 shares of the company’s stock valued at $15,991,000 after acquiring an additional 76,898 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Vanguard Russell 2000 Value ETF by 140.2% in the 4th quarter. Wells Fargo & Company MN now owns 82,477 shares of the company’s stock valued at $13,190,000 after purchasing an additional 48,138 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard Russell 2000 Value ETF by 9.3% in the 1st quarter. Bank of America Corp DE now owns 425,733 shares of the company’s stock worth $71,191,000 after purchasing an additional 36,166 shares during the last quarter. Brandywine Asset Management Inc. bought a new stake in shares of Vanguard Russell 2000 Value ETF in the 4th quarter worth about $3,965,000. Finally, Commerce Bank increased its position in shares of Vanguard Russell 2000 Value ETF by 28.7% during the 4th quarter. Commerce Bank now owns 95,199 shares of the company’s stock worth $15,225,000 after purchasing an additional 21,235 shares in the last quarter.

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.