Fairman Group LLC Sells 2,308 Shares of Vanguard Russell 2000 ETF $VTWO

Fairman Group LLC decreased its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 19.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,692 shares of the company’s stock after selling 2,308 shares during the period. Vanguard Russell 2000 ETF comprises about 0.7% of Fairman Group LLC’s holdings, making the stock its 21st largest holding. Fairman Group LLC’s holdings in Vanguard Russell 2000 ETF were worth $845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in VTWO. Jones Financial Companies Lllp raised its stake in shares of Vanguard Russell 2000 ETF by 152.0% during the first quarter. Jones Financial Companies Lllp now owns 6,862,034 shares of the company’s stock valued at $556,030,000 after acquiring an additional 4,138,846 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Vanguard Russell 2000 ETF by 6.1% during the first quarter. Natixis Advisors LLC now owns 6,036,815 shares of the company’s stock valued at $486,869,000 after acquiring an additional 348,892 shares during the last quarter. US Bancorp DE raised its stake in shares of Vanguard Russell 2000 ETF by 36,940.7% during the second quarter. US Bancorp DE now owns 4,540,819 shares of the company’s stock valued at $396,056,000 after acquiring an additional 4,528,560 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of Vanguard Russell 2000 ETF by 294.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,014,612 shares of the company’s stock valued at $262,934,000 after acquiring an additional 2,250,099 shares during the last quarter. Finally, Summit Rock Advisors LP raised its stake in shares of Vanguard Russell 2000 ETF by 19.4% during the first quarter. Summit Rock Advisors LP now owns 1,478,312 shares of the company’s stock valued at $119,226,000 after acquiring an additional 240,568 shares during the last quarter.

Vanguard Russell 2000 ETF Stock Up 1.4%

VTWO opened at $100.20 on Wednesday. Vanguard Russell 2000 ETF has a twelve month low of $69.38 and a twelve month high of $100.89. The company has a fifty day moving average of $95.63 and a 200-day moving average of $87.69. The stock has a market cap of $13.36 billion, a PE ratio of 16.60 and a beta of 1.15.

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 dividend of $0.3428 per share. This represents a $1.37 annualized dividend and a dividend yield of 1.4%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, September 24th.

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.