First Heartland Consultants Inc. Makes New Investment in Vanguard Russell 2000 ETF $VTWO

First Heartland Consultants Inc. bought a new stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,878 shares of the company’s stock, valued at approximately $1,564,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VTWO. Bank of America Corp DE increased its position in shares of Vanguard Russell 2000 ETF by 8.1% in the 4th quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock worth $2,938,021,000 after purchasing an additional 2,204,005 shares during the last quarter. Morgan Stanley raised its stake in shares of Vanguard Russell 2000 ETF by 2.2% in the 4th quarter. Morgan Stanley now owns 8,811,195 shares of the company’s stock valued at $876,890,000 after purchasing an additional 192,321 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Vanguard Russell 2000 ETF by 5.0% during the fourth quarter. Natixis Advisors LLC now owns 5,860,950 shares of the company’s stock worth $583,282,000 after purchasing an additional 281,079 shares during the last quarter. US Bancorp DE lifted its position in shares of Vanguard Russell 2000 ETF by 7.3% during the fourth quarter. US Bancorp DE now owns 5,260,478 shares of the company’s stock worth $523,533,000 after purchasing an additional 358,891 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Vanguard Russell 2000 ETF by 1.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,525,185 shares of the company’s stock worth $350,826,000 after purchasing an additional 54,228 shares during the last quarter.

Vanguard Russell 2000 ETF Stock Performance

NASDAQ:VTWO opened at $121.85 on Friday. The company has a market capitalization of $17.94 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11. Vanguard Russell 2000 ETF has a one year low of $88.86 and a one year high of $122.48. The stock has a 50-day simple moving average of $118.83 and a 200 day simple moving average of $111.30.

Vanguard Russell 2000 ETF Increases Dividend

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

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.