Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Strong Trading Volume – Should You Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-high trading volume on Thursday . 34,395 shares were traded during trading, an increase of 52% from the previous session’s volume of 22,569 shares.The stock last traded at $267.3460 and had previously closed at $263.99.

Vanguard Russell 2000 Growth ETF Trading Down 0.6%

The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. The firm has a 50-day moving average of $276.38 and a 200 day moving average of $265.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VTWG. Vermillion Wealth Management Inc. lifted its holdings in Vanguard Russell 2000 Growth ETF by 16.3% in the first quarter. Vermillion Wealth Management Inc. now owns 12,732 shares of the company’s stock worth $2,916,000 after purchasing an additional 1,781 shares during the period. Nvest Financial LLC acquired a new position in Vanguard Russell 2000 Growth ETF during the 4th quarter valued at about $693,000. Fifth Third Bancorp acquired a new position in Vanguard Russell 2000 Growth ETF during the 1st quarter valued at about $2,392,000. Sound Income Strategies LLC increased its stake in Vanguard Russell 2000 Growth ETF by 21.4% during the 1st quarter. Sound Income Strategies LLC now owns 46,580 shares of the company’s stock valued at $10,750,000 after buying an additional 8,219 shares during the period. Finally, Avantax Planning Partners Inc. bought a new stake in shares of Vanguard Russell 2000 Growth ETF during the 1st quarter worth about $487,000.

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.