FineMark National Bank & Trust Cuts Stake in Vanguard Russell 2000 ETF $VTWO

FineMark National Bank & Trust decreased its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 5.5% during the second quarter, HoldingsChannel reports. The firm owned 21,883 shares of the company’s stock after selling 1,280 shares during the period. FineMark National Bank & Trust’s holdings in Vanguard Russell 2000 ETF were worth $1,909,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Bank of New York Mellon Corp increased its holdings in Vanguard Russell 2000 ETF by 4.7% during the first quarter. Bank of New York Mellon Corp now owns 51,536 shares of the company’s stock valued at $4,156,000 after buying an additional 2,294 shares during the period. Kingsview Wealth Management LLC lifted its holdings in Vanguard Russell 2000 ETF by 10.5% during the first quarter. Kingsview Wealth Management LLC now owns 5,410 shares of the company’s stock worth $436,000 after buying an additional 514 shares during the period. Private Advisor Group LLC boosted its position in Vanguard Russell 2000 ETF by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 31,770 shares of the company’s stock valued at $2,562,000 after acquiring an additional 796 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in Vanguard Russell 2000 ETF by 28.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 18,456 shares of the company’s stock valued at $1,488,000 after acquiring an additional 4,111 shares in the last quarter. Finally, Choreo LLC increased its holdings in shares of Vanguard Russell 2000 ETF by 21.8% in the 1st quarter. Choreo LLC now owns 46,247 shares of the company’s stock valued at $3,730,000 after acquiring an additional 8,290 shares during the period.

Vanguard Russell 2000 ETF Price Performance

Shares of NASDAQ VTWO opened at $94.38 on Thursday. The stock has a market capitalization of $12.58 billion, a P/E ratio of 16.60 and a beta of 1.13. Vanguard Russell 2000 ETF has a 1-year low of $69.38 and a 1-year high of $102.16. The business has a fifty day moving average price of $98.30 and a 200 day moving average price of $91.75.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were given a $0.3428 dividend. This represents a $1.37 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, September 24th. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.25.

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.