Vanguard Russell 2000 ETF (NASDAQ:VTWO) Reaches New 52-Week High – Still a Buy?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) reached a new 52-week high on Wednesday . The stock traded as high as $122.63 and last traded at $122.13, with a volume of 112081 shares trading hands. The stock had previously closed at $121.67.

Vanguard Russell 2000 ETF Stock Up 0.3%

The stock’s 50 day moving average is $119.23 and its 200-day moving average is $111.73. The company has a market cap of $18.07 billion, a PE ratio of 16.60 and a beta of 1.11.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.3014 dividend. This is an increase 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 dividend on an annualized basis and a yield of 1.0%.

Institutional Trading of Vanguard Russell 2000 ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Allied Private Wealth LLC bought a new position in Vanguard Russell 2000 ETF in the second quarter worth approximately $27,000. Winnow Wealth LLC bought a new stake in Vanguard Russell 2000 ETF during the 4th quarter valued at $25,000. Advisory Services Network LLC purchased a new stake in shares of Vanguard Russell 2000 ETF in the 3rd quarter worth $29,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Russell 2000 ETF in the 4th quarter worth $34,000. Finally, Qube Research & Technologies Ltd grew its position in shares of Vanguard Russell 2000 ETF by 209.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after buying an additional 260 shares in the last quarter.

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.