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

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-high trading volume on Friday. 60,104 shares were traded during mid-day trading, an increase of 164% from the average daily volume of 22,777 shares. The stock last traded at $249.7890 and had previously closed at $246.00.

Vanguard Russell 2000 Growth ETF Trading Up 1.7%

The stock’s 50-day moving average is $262.33 and its 200-day moving average is $261.83. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 20.82 and a beta of 1.23.

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VTWG. Fifth Third Bancorp increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 6.3% during the third quarter. Fifth Third Bancorp now owns 11,110 shares of the company’s stock worth $2,895,000 after buying an additional 654 shares in the last quarter. Advisor Resource Council lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 246.8% in the 3rd quarter. Advisor Resource Council now owns 3,978 shares of the company’s stock valued at $1,056,000 after acquiring an additional 2,831 shares during the last quarter. AMG National Trust Bank bought a new position in shares of Vanguard Russell 2000 Growth ETF in the 3rd quarter valued at $19,626,000. Cornerstone Wealth Management LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 2.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 2,438 shares of the company’s stock valued at $635,000 after acquiring an additional 69 shares during the last quarter. Finally, Avantax Planning Partners Inc. acquired a new stake in shares of Vanguard Russell 2000 Growth ETF during the 3rd quarter valued at $554,000.

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.