Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sets New 52-Week High – Still a Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $195.54 and last traded at $195.54, with a volume of 19273 shares. The stock had previously closed at $194.11.

Vanguard Russell 2000 Value ETF Stock Up 0.7%

The stock’s 50-day moving average price is $186.17 and its 200 day moving average price is $175.33. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.86 and a beta of 1.02.

Vanguard Russell 2000 Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.7128 dividend. This represents a $2.85 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Value ETF’s previous quarterly dividend of $0.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC increased its holdings in shares of Vanguard Russell 2000 Value ETF by 410.5% in the first quarter. Private Advisor Group LLC now owns 95,629 shares of the company’s stock valued at $15,991,000 after purchasing an additional 76,898 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Vanguard Russell 2000 Value ETF by 140.2% in the 4th quarter. Wells Fargo & Company MN now owns 82,477 shares of the company’s stock valued at $13,190,000 after buying an additional 48,138 shares in the last quarter. Bank of America Corp DE grew its holdings in Vanguard Russell 2000 Value ETF by 9.3% in the 1st quarter. Bank of America Corp DE now owns 425,733 shares of the company’s stock valued at $71,191,000 after buying an additional 36,166 shares in the last quarter. Brandywine Asset Management Inc. purchased a new stake in Vanguard Russell 2000 Value ETF in the 4th quarter valued at $3,965,000. Finally, Commerce Bank increased its stake in shares of Vanguard Russell 2000 Value ETF by 28.7% in the 4th quarter. Commerce Bank now owns 95,199 shares of the company’s stock worth $15,225,000 after acquiring an additional 21,235 shares during the last quarter.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.