Vanguard Russell 2000 ETF (NASDAQ:VTWO) Hits New 52-Week High – Time to Buy?

Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) reached a new 52-week high on Wednesday . The stock traded as high as $108.54 and last traded at $108.0570, with a volume of 5447984 shares traded. The stock had previously closed at $106.13.

Vanguard Russell 2000 ETF Stock Up 2.0%

The firm has a market capitalization of $14.99 billion, a P/E ratio of 16.60 and a beta of 1.13. The firm’s 50-day simple moving average is $101.09 and its 200-day simple moving average is $97.15.

Institutional Trading of Vanguard Russell 2000 ETF

A number of hedge funds have recently made changes to their positions in the stock. Vise Technologies Inc. bought a new stake in Vanguard Russell 2000 ETF in the 2nd quarter worth approximately $8,299,000. AE Wealth Management LLC raised its stake in shares of Vanguard Russell 2000 ETF by 12.8% during the second quarter. AE Wealth Management LLC now owns 188,622 shares of the company’s stock worth $16,452,000 after acquiring an additional 21,436 shares in the last quarter. Advisors Capital Management LLC purchased a new position in shares of Vanguard Russell 2000 ETF during the second quarter worth approximately $220,000. D.A. Davidson & CO. lifted its holdings in shares of Vanguard Russell 2000 ETF by 8.6% in the 3rd quarter. D.A. Davidson & CO. now owns 90,812 shares of the company’s stock worth $8,883,000 after acquiring an additional 7,187 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Vanguard Russell 2000 ETF by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 150,115 shares of the company’s stock valued at $14,684,000 after purchasing an additional 11,325 shares in the last quarter.

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.