Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sets New 52-Week High – What’s Next?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $288.31 and last traded at $288.25, with a volume of 20654 shares changing hands. The stock had previously closed at $283.97.

Vanguard Russell 2000 Growth ETF Stock Up 0.4%

The company has a market cap of $1.47 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. The stock’s 50-day simple moving average is $269.93 and its 200 day simple moving average is $251.91.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.4245 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Russell 2000 Growth ETF by 12.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock valued at $1,679,000 after buying an additional 1,028 shares during the period. Raymond James Financial Inc. boosted its holdings in Vanguard Russell 2000 Growth ETF by 20.1% during the 2nd quarter. Raymond James Financial Inc. now owns 41,359 shares of the company’s stock valued at $8,622,000 after acquiring an additional 6,927 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Russell 2000 Growth ETF by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after acquiring an additional 4,174 shares in the last quarter. Curi Capital LLC purchased a new stake in Vanguard Russell 2000 Growth ETF during the second quarter worth about $609,000. Finally, Great Valley Advisor Group Inc. lifted its position in shares of Vanguard Russell 2000 Growth ETF by 1.8% during the second quarter. Great Valley Advisor Group Inc. now owns 8,415 shares of the company’s stock worth $1,754,000 after purchasing an additional 147 shares in the last quarter.

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.