Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Hits New 12-Month High – What’s Next?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $280.96 and last traded at $279.41, with a volume of 7909 shares traded. The stock had previously closed at $276.30.

Vanguard Russell 2000 Growth ETF Trading Up 1.0%

The company has a 50 day moving average price of $261.85 and a 200 day moving average price of $249.07. The firm has a market cap of $1.44 billion, a PE ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VTWG. Elm3 Financial Group LLC acquired a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter worth approximately $754,000. Systelligence LLC acquired a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter worth approximately $17,186,000. Kelsey Financial LLC acquired a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter worth approximately $531,000. JPMorgan Chase & Co. grew its position in Vanguard Russell 2000 Growth ETF by 23.1% in the third quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock worth $3,210,000 after buying an additional 2,579 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in Vanguard Russell 2000 Growth ETF by 61.5% in the fourth quarter. Sound Income Strategies LLC now owns 38,361 shares of the company’s stock worth $9,790,000 after buying an additional 14,612 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.