Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Strong Trading Volume – Here’s What Happened

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw an uptick in trading volume on Wednesday . 53,601 shares traded hands during mid-day trading, an increase of 67% from the previous session’s volume of 32,001 shares.The stock last traded at $226.80 and had previously closed at $224.65.

Vanguard Russell 2000 Growth ETF Stock Performance

The business has a 50 day moving average price of $206.96 and a two-hundred day moving average price of $198.88. The stock has a market cap of $1.11 billion, a PE ratio of 15.65 and a beta of 1.15.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.227 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.91 dividend on an annualized basis and a yield of 0.40%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VTWG. Oppenheimer & Co. Inc. lifted its stake in Vanguard Russell 2000 Growth ETF by 2.0% in the first quarter. Oppenheimer & Co. Inc. now owns 3,324 shares of the company’s stock valued at $655,000 after purchasing an additional 65 shares during the last quarter. SageView Advisory Group LLC bought a new stake in Vanguard Russell 2000 Growth ETF during the 1st quarter valued at $1,290,000. Hirtle Callaghan & Co LLC boosted its stake in Vanguard Russell 2000 Growth ETF by 10.7% in the 1st quarter. Hirtle Callaghan & Co LLC now owns 2,324 shares of the company’s stock worth $458,000 after purchasing an additional 224 shares during the period. CreativeOne Wealth LLC purchased a new stake in shares of Vanguard Russell 2000 Growth ETF during the 1st quarter valued at $217,000. Finally, Westwood Holdings Group Inc. raised its position in Vanguard Russell 2000 Growth ETF by 3.6% during the 1st quarter. Westwood Holdings Group Inc. now owns 350,763 shares of the company’s stock valued at $69,135,000 after purchasing an additional 12,196 shares during the last quarter.

About Vanguard Russell 2000 Growth ETF

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.