Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 52-Week High – Here’s What Happened

Vanguard Russell 2000 ETF (NASDAQ:VTWO) shares hit a new 52-week high on Friday . The stock traded as high as $113.06 and last traded at $112.99, with a volume of 2068742 shares. The stock had previously closed at $112.34.

Vanguard Russell 2000 ETF Price Performance

The firm’s 50 day moving average is $104.76 and its two-hundred day moving average is $102.92. The firm has a market capitalization of $15.66 billion, a P/E ratio of 16.60 and a beta of 1.09.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.2621 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.05 annualized dividend and a dividend yield of 0.9%.

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Winnow Wealth LLC bought a new position in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at $25,000. Advisory Services Network LLC bought a new position in shares of Vanguard Russell 2000 ETF in the third quarter valued at $29,000. Cullen Frost Bankers Inc. grew its stake in shares of Vanguard Russell 2000 ETF by 456.1% in the third quarter. Cullen Frost Bankers Inc. now owns 317 shares of the company’s stock valued at $31,000 after buying an additional 260 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in shares of 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 buying an additional 260 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at $34,000.

About Vanguard Russell 2000 ETF

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.