Summit Global Investments Invests $241,000 in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Summit Global Investments purchased a new position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 4th quarter, Holdings Channel.com reports. The fund purchased 2,969 shares of the company’s stock, valued at approximately $241,000.

Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Vanguard Russell 2000 ETF by 3.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,153,652 shares of the company’s stock worth $511,057,000 after buying an additional 206,036 shares during the period. Natixis Advisors L.P. boosted its position in Vanguard Russell 2000 ETF by 7.3% during the 4th quarter. Natixis Advisors L.P. now owns 3,049,744 shares of the company’s stock valued at $247,334,000 after buying an additional 208,475 shares during the period. Stifel Financial Corp increased its position in shares of Vanguard Russell 2000 ETF by 7.1% in the third quarter. Stifel Financial Corp now owns 1,539,414 shares of the company’s stock valued at $109,976,000 after acquiring an additional 102,698 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Russell 2000 ETF by 19.5% during the third quarter. Jones Financial Companies Lllp now owns 1,441,827 shares of the company’s stock worth $103,004,000 after purchasing an additional 235,311 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC grew its stake in shares of Vanguard Russell 2000 ETF by 8.8% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 588,572 shares of the company’s stock worth $42,048,000 after purchasing an additional 47,657 shares during the last quarter.

Vanguard Russell 2000 ETF Price Performance

VTWO opened at $82.66 on Tuesday. Vanguard Russell 2000 ETF has a one year low of $65.39 and a one year high of $85.65. The business has a 50 day simple moving average of $81.84 and a two-hundred day simple moving average of $78.04. The firm has a market capitalization of $9.20 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a $0.174 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Thursday, March 21st.

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.