Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Volume Increase – Here’s Why

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-strong trading volume on Tuesday . Approximately 101,326 shares were traded during mid-day trading, an increase of 369% from the previous session’s volume of 21,601 shares.The stock last traded at $242.96 and had previously closed at $244.44.

Vanguard Russell 2000 Growth ETF Stock Performance

The business has a 50-day simple moving average of $237.37 and a two-hundred day simple moving average of $225.89. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 20.82 and a beta of 1.17.

Vanguard Russell 2000 Growth ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were issued a dividend of $0.6673 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $2.67 annualized dividend and a dividend yield of 1.1%.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Several institutional investors have recently bought and sold shares of VTWG. Bank of America Corp DE lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 5.4% in the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after acquiring an additional 15,449 shares during the period. Assetmark Inc. raised its holdings in Vanguard Russell 2000 Growth ETF by 4.2% during the second quarter. Assetmark Inc. now owns 132,373 shares of the company’s stock worth $27,596,000 after purchasing an additional 5,314 shares in the last quarter. LJI Wealth Management LLC lifted its position in Vanguard Russell 2000 Growth ETF by 20.0% in the second quarter. LJI Wealth Management LLC now owns 71,948 shares of the company’s stock valued at $14,999,000 after purchasing an additional 12,004 shares during the period. Ameriprise Financial Inc. lifted its position in Vanguard Russell 2000 Growth ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after purchasing an additional 4,174 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in Vanguard Russell 2000 Growth ETF by 0.8% in the 2nd quarter. Osaic Holdings Inc. now owns 56,954 shares of the company’s stock valued at $11,880,000 after purchasing an additional 428 shares in the last quarter.

About Vanguard Russell 2000 Growth ETF

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.