Rockbridge Investment Management LCC Buys 13,393 Shares of Vanguard Russell 2000 ETF $VTWO

Rockbridge Investment Management LCC grew its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 13.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 114,924 shares of the company’s stock after buying an additional 13,393 shares during the quarter. Vanguard Russell 2000 ETF makes up approximately 1.0% of Rockbridge Investment Management LCC’s portfolio, making the stock its 16th biggest position. Rockbridge Investment Management LCC’s holdings in Vanguard Russell 2000 ETF were worth $11,512,000 as of its most recent SEC filing.

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

Vanguard Russell 2000 ETF Stock Performance

VTWO stock opened at $117.71 on Friday. The company has a market capitalization of $17.33 billion, a PE ratio of 16.60 and a beta of 1.10. Vanguard Russell 2000 ETF has a one year low of $85.88 and a one year high of $122.35. The company’s 50 day moving average price is $117.92 and its two-hundred day moving average price is $110.29.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. This represents a $1.21 annualized dividend and a yield of 1.0%.

Vanguard Russell 2000 ETF Company Profile

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.