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

Vanguard Russell 2000 ETF (NASDAQ:VTWO) reached a new 52-week high during trading on Monday . The company traded as high as $98.36 and last traded at $98.14, with a volume of 155206 shares. The stock had previously closed at $96.58.

Vanguard Russell 2000 ETF Stock Performance

The company has a market capitalization of $12.98 billion, a PE ratio of 12.13 and a beta of 1.15. The stock has a fifty day moving average of $90.67 and a 200 day moving average of $86.69.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.277 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.11 annualized dividend and a dividend yield of 1.12%.

Hedge Funds Weigh In On Vanguard Russell 2000 ETF

Several large investors have recently modified their holdings of the stock. Natixis Advisors LLC increased its position in shares of Vanguard Russell 2000 ETF by 15.2% during the 3rd quarter. Natixis Advisors LLC now owns 5,037,888 shares of the company’s stock valued at $450,186,000 after purchasing an additional 666,410 shares during the last quarter. Summit Rock Advisors LP bought a new position in Vanguard Russell 2000 ETF in the 3rd quarter valued at $109,726,000. Stifel Financial Corp grew its position in Vanguard Russell 2000 ETF by 6.3% in the 3rd quarter. Stifel Financial Corp now owns 1,222,868 shares of the company’s stock valued at $109,277,000 after acquiring an additional 71,956 shares during the last quarter. Intech Investment Management LLC bought a new position in Vanguard Russell 2000 ETF in the 3rd quarter valued at $64,875,000. Finally, First Citizens Bank & Trust Co. grew its position in Vanguard Russell 2000 ETF by 14.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 704,010 shares of the company’s stock valued at $62,910,000 after acquiring an additional 90,891 shares during the last quarter.

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.