SVB Wealth LLC Trims Holdings in Vanguard Russell 2000 ETF $VTWO

SVB Wealth LLC trimmed its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,310 shares of the company’s stock after selling 14,494 shares during the quarter. Vanguard Russell 2000 ETF comprises approximately 0.9% of SVB Wealth LLC’s holdings, making the stock its 24th biggest position. SVB Wealth LLC’s holdings in Vanguard Russell 2000 ETF were worth $16,065,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTWO. NewEdge Advisors LLC lifted its holdings in Vanguard Russell 2000 ETF by 15.0% during the second quarter. NewEdge Advisors LLC now owns 48,346 shares of the company’s stock valued at $5,870,000 after purchasing an additional 6,319 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Vanguard Russell 2000 ETF by 14.8% in the second quarter. IFP Advisors Inc now owns 2,587 shares of the company’s stock worth $314,000 after purchasing an additional 334 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Vanguard Russell 2000 ETF by 1.8% in the second quarter. Baird Financial Group Inc. now owns 68,341 shares of the company’s stock worth $8,298,000 after purchasing an additional 1,189 shares in the last quarter. Ramsay Stattman Vela & Price Inc. bought a new stake in shares of Vanguard Russell 2000 ETF during the 2nd quarter valued at $513,000. Finally, Edge Wealth Management LLC bought a new stake in shares of Vanguard Russell 2000 ETF during the 2nd quarter valued at $219,000.

Vanguard Russell 2000 ETF Stock Performance

VTWO opened at $119.14 on Wednesday. Vanguard Russell 2000 ETF has a fifty-two week low of $92.54 and a fifty-two week high of $123.37. The firm’s fifty day moving average is $119.97 and its 200 day moving average is $113.53. The stock has a market cap of $17.54 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Profile

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.