Independent Financial Group LLC Acquires New Position in Vanguard Russell 2000 ETF $VTWO

Independent Financial Group LLC bought a new position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,490 shares of the company’s stock, valued at approximately $550,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Winnow Wealth LLC bought a new stake in Vanguard Russell 2000 ETF during the 4th quarter worth approximately $25,000. Advisory Services Network LLC bought a new position in shares of Vanguard Russell 2000 ETF in the third quarter worth approximately $29,000. Qube Research & Technologies Ltd increased its stake in shares of Vanguard Russell 2000 ETF by 209.7% in the second quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after purchasing an additional 260 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter worth $34,000. Finally, NBT Bank N A NY increased its stake in shares of Vanguard Russell 2000 ETF by 35.8% in the fourth quarter. NBT Bank N A NY now owns 398 shares of the company’s stock worth $40,000 after purchasing an additional 105 shares in the last quarter.

Vanguard Russell 2000 ETF Price Performance

Shares of VTWO stock opened at $118.73 on Thursday. Vanguard Russell 2000 ETF has a one year low of $85.88 and a one year high of $122.35. The company’s fifty day moving average price is $117.75 and its 200-day moving average price is $110.12. The company has a market capitalization of $17.48 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a dividend of $0.3014 per share. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.21 annualized dividend and a yield of 1.0%.

Vanguard Russell 2000 ETF Company 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.