PNC Financial Services Group Inc. Purchases 6,050 Shares of Vanguard Russell 2000 ETF $VTWO

PNC Financial Services Group Inc. increased its holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 4.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,636 shares of the company’s stock after acquiring an additional 6,050 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.09% of Vanguard Russell 2000 ETF worth $12,986,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTWO. Winnow Wealth LLC purchased a new position in Vanguard Russell 2000 ETF during the 4th quarter valued at about $25,000. Advisory Services Network LLC purchased a new stake in shares of Vanguard Russell 2000 ETF in the 3rd quarter worth approximately $29,000. Qube Research & Technologies Ltd lifted its position in shares of Vanguard Russell 2000 ETF by 209.7% in the 2nd 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. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Russell 2000 ETF during the fourth quarter valued at approximately $34,000. Finally, NBT Bank N A NY boosted its stake in shares of Vanguard Russell 2000 ETF by 35.8% during the fourth quarter. NBT Bank N A NY now owns 398 shares of the company’s stock valued at $40,000 after purchasing an additional 105 shares in the last quarter.

Vanguard Russell 2000 ETF Stock Down 0.3%

Shares of VTWO stock opened at $117.71 on Friday. The firm has a market cap of $17.33 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10. The company’s 50 day moving average is $117.92 and its 200 day moving average is $110.29. Vanguard Russell 2000 ETF has a 52-week low of $85.88 and a 52-week high of $122.35.

Vanguard Russell 2000 ETF Increases Dividend

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

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.