Vanguard Russell 2000 ETF $VTWO Shares Sold by SVB Wealth LLC

SVB Wealth LLC decreased its position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 3.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 146,804 shares of the company’s stock after selling 4,984 shares during the quarter. Vanguard Russell 2000 ETF accounts for 1.0% of SVB Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. SVB Wealth LLC’s holdings in Vanguard Russell 2000 ETF were worth $14,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Vanguard Russell 2000 ETF by 8.1% in the 4th quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock worth $2,938,021,000 after buying an additional 2,204,005 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Russell 2000 ETF by 2.2% in the fourth quarter. Morgan Stanley now owns 8,811,195 shares of the company’s stock valued at $876,890,000 after buying an additional 192,321 shares during the period. Natixis Advisors LLC boosted its stake in Vanguard Russell 2000 ETF by 5.0% during the fourth quarter. Natixis Advisors LLC now owns 5,860,950 shares of the company’s stock valued at $583,282,000 after buying an additional 281,079 shares in the last quarter. US Bancorp DE boosted its stake in Vanguard Russell 2000 ETF by 7.3% during the fourth quarter. US Bancorp DE now owns 5,260,478 shares of the company’s stock valued at $523,533,000 after buying an additional 358,891 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Vanguard Russell 2000 ETF by 1.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,525,185 shares of the company’s stock worth $350,826,000 after acquiring an additional 54,228 shares during the period.

Vanguard Russell 2000 ETF Trading Up 0.9%

Shares of Vanguard Russell 2000 ETF stock opened at $120.46 on Tuesday. The company’s 50-day moving average price is $114.16 and its two-hundred day moving average price is $107.29. Vanguard Russell 2000 ETF has a 52 week low of $83.59 and a 52 week high of $121.00. The stock has a market cap of $16.72 billion, a PE ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th will be issued a $0.3014 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, June 18th. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26.

About Vanguard Russell 2000 ETF

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.