Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Strong Trading Volume – Here’s Why

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-high trading volume on Thursday . Approximately 75,204 shares traded hands during mid-day trading, an increase of 223% from the previous session’s volume of 23,260 shares.The stock last traded at $279.53 and had previously closed at $277.20.

Vanguard Russell 2000 Growth ETF Price Performance

The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. The stock’s fifty day simple moving average is $253.79 and its two-hundred day simple moving average is $246.09.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.3241 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Large investors have recently bought and sold shares of the business. Allworth Financial LP lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 3.4% in the 4th quarter. Allworth Financial LP now owns 1,321 shares of the company’s stock worth $312,000 after acquiring an additional 43 shares during the period. Financial Engines Advisors L.L.C. increased its stake in shares of Vanguard Russell 2000 Growth ETF by 1.2% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,715 shares of the company’s stock valued at $877,000 after acquiring an additional 44 shares during the period. CreativeOne Wealth LLC increased its stake in shares of Vanguard Russell 2000 Growth ETF by 5.6% during the fourth quarter. CreativeOne Wealth LLC now owns 928 shares of the company’s stock valued at $219,000 after acquiring an additional 49 shares during the period. Lido Advisors LLC raised its holdings in Vanguard Russell 2000 Growth ETF by 4.1% during the third quarter. Lido Advisors LLC now owns 1,296 shares of the company’s stock worth $303,000 after purchasing an additional 51 shares in the last quarter. Finally, Cornerstone Wealth Management LLC lifted its position in Vanguard Russell 2000 Growth ETF by 3.5% in the third quarter. Cornerstone Wealth Management LLC now owns 1,665 shares of the company’s stock worth $389,000 after purchasing an additional 56 shares during the period.

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.