Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Trading 1.3% Higher – Here’s What Happened

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares were up 1.3% during mid-day trading on Wednesday . The stock traded as high as $235.88 and last traded at $234.26. Approximately 15,903 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 26,926 shares. The stock had previously closed at $231.31.

Vanguard Russell 2000 Growth ETF Trading Down 2.0%

The firm has a market capitalization of $1.10 billion, a P/E ratio of 20.82 and a beta of 1.17. The business has a 50 day moving average of $243.26 and a 200-day moving average of $239.64.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.3241 dividend. This represents a $1.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VTWG. Goldman Sachs Group Inc. increased its holdings in Vanguard Russell 2000 Growth ETF by 12.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock worth $1,679,000 after purchasing an additional 1,028 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 9.4% in the second quarter. PNC Financial Services Group Inc. now owns 654 shares of the company’s stock valued at $136,000 after purchasing an additional 56 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of Vanguard Russell 2000 Growth ETF by 20,748.0% during the second quarter. Laurel Wealth Advisors LLC now owns 5,212 shares of the company’s stock worth $1,087,000 after buying an additional 5,187 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Russell 2000 Growth ETF by 27.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,806 shares of the company’s stock worth $585,000 after buying an additional 602 shares during the period. Finally, Quadrature Capital Ltd bought a new position in shares of Vanguard Russell 2000 Growth ETF during the second quarter worth about $424,000.

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.