Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Volume Increase – Should You Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-strong trading volume on Tuesday . 67,351 shares traded hands during trading, an increase of 188% from the previous session’s volume of 23,388 shares.The stock last traded at $283.45 and had previously closed at $276.38.

Vanguard Russell 2000 Growth ETF Stock Performance

The stock has a fifty day simple moving average of $277.91 and a two-hundred day simple moving average of $258.86. The stock has a market cap of $1.54 billion, a PE ratio of 20.82 and a beta of 1.19.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.4245 per share. 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. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.6%.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of large investors have recently added to or reduced their stakes in VTWG. Vermillion Wealth Management Inc. grew its stake in Vanguard Russell 2000 Growth ETF by 16.3% during the 1st quarter. Vermillion Wealth Management Inc. now owns 12,732 shares of the company’s stock valued at $2,916,000 after purchasing an additional 1,781 shares in the last quarter. Elm3 Financial Group LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter valued at approximately $754,000. Systelligence LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter valued at approximately $17,186,000. Kelsey Financial LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF during the 4th quarter valued at approximately $531,000. Finally, Fifth Third Bancorp purchased a new position in shares of Vanguard Russell 2000 Growth ETF during the 1st quarter valued at approximately $2,392,000.

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.