Allegiance Financial Group Advisory Services LLC Decreases Stock Holdings in Vanguard Russell 2000 ETF $VTWO

Allegiance Financial Group Advisory Services LLC trimmed its position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 13.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,837 shares of the company’s stock after selling 5,657 shares during the period. Vanguard Russell 2000 ETF makes up approximately 0.8% of Allegiance Financial Group Advisory Services LLC’s holdings, making the stock its 19th biggest holding. Allegiance Financial Group Advisory Services LLC’s holdings in Vanguard Russell 2000 ETF were worth $3,126,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VTWO. AlphaCore Capital LLC purchased a new stake in Vanguard Russell 2000 ETF during the 1st quarter valued at $27,000. HHM Wealth Advisors LLC raised its holdings in Vanguard Russell 2000 ETF by 581.6% during the 1st quarter. HHM Wealth Advisors LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 285 shares during the period. Proathlete Wealth Management LLC purchased a new stake in Vanguard Russell 2000 ETF during the 1st quarter valued at $37,000. BankPlus Trust Department raised its holdings in Vanguard Russell 2000 ETF by 323.7% during the 1st quarter. BankPlus Trust Department now owns 483 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the period. Finally, NorthRock Partners LLC raised its holdings in Vanguard Russell 2000 ETF by 54.3% during the 1st quarter. NorthRock Partners LLC now owns 483 shares of the company’s stock valued at $39,000 after buying an additional 170 shares during the period.

Vanguard Russell 2000 ETF Stock Performance

NASDAQ:VTWO opened at $99.68 on Thursday. The stock’s fifty day moving average is $94.82 and its 200 day moving average is $87.23. Vanguard Russell 2000 ETF has a fifty-two week low of $69.38 and a fifty-two week high of $100.43. The firm has a market capitalization of $13.29 billion, a PE ratio of 16.60 and a beta of 1.15.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a dividend of $0.3428 per share. This represents a $1.37 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, September 24th. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.25.

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.