Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw an uptick in trading volume on Tuesday . Approximately 67,351 shares changed hands during mid-day trading, an increase of 188% from the previous session’s volume of 23,388 shares.The stock last traded at $283.45 and had previously closed at $276.38.

Vanguard Russell 2000 Growth ETF Price Performance

The firm has a market capitalization of $1.52 billion, a PE ratio of 20.82 and a beta of 1.20. The company has a 50-day moving average price of $278.14 and a 200-day moving average price of $259.28.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.4245 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VTWG. Western Wealth Management LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF during the first quarter worth $44,000. Arlington Trust Co LLC purchased a new stake in Vanguard Russell 2000 Growth ETF during the 2nd quarter worth approximately $80,000. Main Street Group LTD acquired a new stake in shares of Vanguard Russell 2000 Growth ETF during the first quarter worth approximately $68,000. Horizon Investments LLC raised its holdings in Vanguard Russell 2000 Growth ETF by 76.1% in the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock valued at $85,000 after acquiring an additional 156 shares in the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in Vanguard Russell 2000 Growth ETF during the 4th quarter worth $117,000.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.