Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 12-Month High – Here’s Why

Vanguard Russell 2000 ETF (NASDAQ:VTWO) hit a new 52-week high on Wednesday . The company traded as high as $122.63 and last traded at $122.13, with a volume of 112081 shares. The stock had previously closed at $121.67.

Vanguard Russell 2000 ETF Stock Performance

The stock has a market cap of $17.93 billion, a P/E ratio of 16.60 and a beta of 1.11. The stock has a 50-day moving average price of $119.01 and a 200-day moving average price of $111.53.

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. The ex-dividend date was Thursday, June 18th. This is a boost 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%.

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC raised its position in shares of Vanguard Russell 2000 ETF by 165.8% during the 1st quarter. AQR Capital Management LLC now owns 10,126 shares of the company’s stock valued at $817,000 after buying an additional 6,316 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Vanguard Russell 2000 ETF by 71.0% in the first quarter. Geneos Wealth Management Inc. now owns 691 shares of the company’s stock worth $56,000 after acquiring an additional 287 shares in the last quarter. Jump Financial LLC bought a new position in Vanguard Russell 2000 ETF in the second quarter valued at $2,407,000. Qube Research & Technologies Ltd increased its stake in Vanguard Russell 2000 ETF by 209.7% in the second quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock valued at $33,000 after acquiring an additional 260 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in Vanguard Russell 2000 ETF by 27.6% during the second quarter. NewEdge Advisors LLC now owns 12,869 shares of the company’s stock valued at $1,122,000 after purchasing an additional 2,783 shares in the last quarter.

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.