Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 1-Year High – What’s Next?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) reached a new 52-week high during trading on Thursday . The company traded as high as $284.40 and last traded at $284.40, with a volume of 38675 shares trading hands. The stock had previously closed at $277.57.

Vanguard Russell 2000 Growth ETF Stock Up 2.5%

The company has a market cap of $1.47 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. The firm has a 50 day moving average price of $265.61 and a two-hundred day moving average price of $250.29.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.3241 per share. This represents a $1.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Systelligence LLC acquired a new stake in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter worth $17,186,000. Private Advisor Group LLC lifted its holdings in Vanguard Russell 2000 Growth ETF by 421.4% in the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock valued at $16,352,000 after buying an additional 57,703 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Russell 2000 Growth ETF by 1,425.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 51,055 shares of the company’s stock valued at $12,048,000 after buying an additional 47,708 shares during the period. Nvest Financial LLC boosted its position in Vanguard Russell 2000 Growth ETF by 746.0% during the first quarter. Nvest Financial LLC now owns 24,847 shares of the company’s stock valued at $5,691,000 after acquiring an additional 21,910 shares during the last quarter. Finally, Virtue Capital Management LLC boosted its position in Vanguard Russell 2000 Growth ETF by 627.8% during the fourth quarter. Virtue Capital Management LLC now owns 24,113 shares of the company’s stock valued at $5,761,000 after acquiring an additional 20,800 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Company Profile

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.