Vanguard Russell 2000 ETF (NASDAQ:VTWO) is First Citizens Asset Management Inc.’s 9th Largest Position

First Citizens Asset Management Inc. reduced its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 2.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 58,933 shares of the company’s stock after selling 1,320 shares during the period. Vanguard Russell 2000 ETF accounts for 1.9% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding. First Citizens Asset Management Inc.’s holdings in Vanguard Russell 2000 ETF were worth $5,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTWO. Commerce Bank grew its stake in shares of Vanguard Russell 2000 ETF by 27.8% in the 4th quarter. Commerce Bank now owns 13,179 shares of the company’s stock worth $1,177,000 after buying an additional 2,870 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Russell 2000 ETF by 29.4% in the 4th quarter. NewEdge Advisors LLC now owns 10,111 shares of the company’s stock valued at $903,000 after acquiring an additional 2,299 shares during the last quarter. Main Street Financial Solutions LLC grew its position in Vanguard Russell 2000 ETF by 16.8% in the fourth quarter. Main Street Financial Solutions LLC now owns 36,100 shares of the company’s stock worth $3,225,000 after acquiring an additional 5,196 shares in the last quarter. CreativeOne Wealth LLC increased its stake in Vanguard Russell 2000 ETF by 133.0% during the fourth quarter. CreativeOne Wealth LLC now owns 5,352 shares of the company’s stock worth $478,000 after acquiring an additional 3,055 shares during the last quarter. Finally, SageView Advisory Group LLC raised its position in Vanguard Russell 2000 ETF by 3.8% during the fourth quarter. SageView Advisory Group LLC now owns 3,639 shares of the company’s stock valued at $325,000 after purchasing an additional 132 shares during the period.

Vanguard Russell 2000 ETF Stock Performance

Shares of Vanguard Russell 2000 ETF stock opened at $75.36 on Friday. The stock has a 50 day moving average price of $82.00 and a 200-day moving average price of $88.51. Vanguard Russell 2000 ETF has a one year low of $69.38 and a one year high of $99.12. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 14.95 and a beta of 1.12.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 2000 ETF 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.