First Citizens Asset Management Inc. Purchases New Position in Vanguard Russell 2000 Growth ETF $VTWG

First Citizens Asset Management Inc. purchased a new position in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) during the third quarter, Holdings Channel reports. The firm purchased 2,025 shares of the company’s stock, valued at approximately $473,000. Vanguard Russell 2000 Growth ETF accounts for approximately 0.2% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. TD Private Client Wealth LLC raised its stake in shares of Vanguard Russell 2000 Growth ETF by 28.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock worth $53,000 after buying an additional 50 shares during the period. PNC Financial Services Group Inc. increased its holdings in Vanguard Russell 2000 Growth ETF by 9.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 654 shares of the company’s stock worth $136,000 after acquiring an additional 56 shares in the last quarter. Heartwood Wealth Advisors LLC purchased a new stake in Vanguard Russell 2000 Growth ETF in the 3rd quarter worth $178,000. Farther Finance Advisors LLC raised its position in Vanguard Russell 2000 Growth ETF by 40.1% during the third quarter. Farther Finance Advisors LLC now owns 800 shares of the company’s stock worth $187,000 after acquiring an additional 229 shares during the period. Finally, Relyea Zuckerberg Hanson LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the third quarter valued at $206,000.

Vanguard Russell 2000 Growth ETF Stock Up 1.0%

Shares of NASDAQ VTWG opened at $247.75 on Tuesday. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 20.82 and a beta of 1.17. The company’s 50-day simple moving average is $244.80 and its 200-day simple moving average is $233.93. Vanguard Russell 2000 Growth ETF has a 52-week low of $160.03 and a 52-week high of $259.59.

Vanguard Russell 2000 Growth ETF Dividend Announcement

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

Vanguard Russell 2000 Growth ETF 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.