Vanguard Russell 2000 ETF (NASDAQ:VTWO) Reaches New 1-Year High – Should You Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) reached a new 52-week high on Friday . The stock traded as high as $100.27 and last traded at $99.82, with a volume of 2037682 shares trading hands. The stock had previously closed at $98.62.

Vanguard Russell 2000 ETF Trading Up 0.8%

The firm has a market capitalization of $12.93 billion, a price-to-earnings ratio of 16.60 and a beta of 1.15. The firm has a 50 day moving average price of $94.26 and a two-hundred day moving average price of $86.91.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.3428 per share. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.25. This represents a $1.37 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, September 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Hedge funds have recently made changes to their positions in the business. Concurrent Investment Advisors LLC purchased a new stake in Vanguard Russell 2000 ETF during the 1st quarter worth $215,000. Spire Wealth Management lifted its stake in shares of Vanguard Russell 2000 ETF by 22.2% during the first quarter. Spire Wealth Management now owns 2,053 shares of the company’s stock worth $166,000 after purchasing an additional 373 shares in the last quarter. US Bancorp DE boosted its position in shares of Vanguard Russell 2000 ETF by 42.1% in the first quarter. US Bancorp DE now owns 12,259 shares of the company’s stock worth $989,000 after buying an additional 3,633 shares during the period. NBC Securities Inc. purchased a new stake in shares of Vanguard Russell 2000 ETF in the first quarter worth about $55,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Vanguard Russell 2000 ETF by 3.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,644 shares of the company’s stock valued at $2,794,000 after buying an additional 1,090 shares in the last quarter.

Vanguard Russell 2000 ETF Company Profile

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.