National Bank of Canada FI Raises Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

National Bank of Canada FI boosted its stake in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 1,661.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 863 shares of the company’s stock after purchasing an additional 814 shares during the period. National Bank of Canada FI’s holdings in Vanguard Russell 2000 ETF were worth $77,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Trifecta Capital Advisors LLC acquired a new position in Vanguard Russell 2000 ETF in the 4th quarter valued at $25,000. CENTRAL TRUST Co grew its holdings in shares of Vanguard Russell 2000 ETF by 1,957.1% during the fourth quarter. CENTRAL TRUST Co now owns 288 shares of the company’s stock worth $26,000 after buying an additional 274 shares in the last quarter. Key Financial Inc raised its position in shares of Vanguard Russell 2000 ETF by 2,613.3% in the fourth quarter. Key Financial Inc now owns 407 shares of the company’s stock valued at $36,000 after buying an additional 392 shares during the last quarter. Abound Wealth Management lifted its stake in shares of Vanguard Russell 2000 ETF by 37.8% in the fourth quarter. Abound Wealth Management now owns 452 shares of the company’s stock worth $40,000 after buying an additional 124 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vanguard Russell 2000 ETF during the fourth quarter worth about $41,000.

Vanguard Russell 2000 ETF Trading Up 1.4 %

VTWO stock opened at $74.47 on Friday. The firm has a 50-day moving average of $83.68 and a two-hundred day moving average of $88.98. Vanguard Russell 2000 ETF has a 12 month low of $69.38 and a 12 month high of $99.12. The company has a market cap of $10.02 billion, a price-to-earnings ratio of 16.02 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.2475 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.99 annualized dividend and a dividend yield of 1.33%.

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.