Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sets New 12-Month High – Here’s Why

Shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) reached a new 52-week high during trading on Thursday . The company traded as high as $273.18 and last traded at $273.14, with a volume of 13012 shares. The stock had previously closed at $268.89.

Vanguard Russell 2000 Growth ETF Stock Performance

The firm has a 50-day moving average price of $243.71 and a 200 day moving average price of $242.62. The stock has a market capitalization of $1.39 billion, a P/E ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

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

Institutional Trading of Vanguard Russell 2000 Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VTWG. TD Private Client Wealth LLC boosted its position in Vanguard Russell 2000 Growth ETF by 28.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock valued at $53,000 after buying an additional 50 shares during the period. Main Street Group LTD purchased a new position in shares of Vanguard Russell 2000 Growth ETF during the 1st quarter worth approximately $68,000. Horizon Investments LLC raised its holdings in Vanguard Russell 2000 Growth ETF by 76.1% in the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock worth $85,000 after purchasing an additional 156 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter worth approximately $117,000. Finally, Disciplina Capital Management LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter valued at $118,000.

About Vanguard Russell 2000 Growth ETF

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.