Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw unusually-high trading volume on Wednesday . Approximately 84,099 shares changed hands during trading, an increase of 329% from the previous session’s volume of 19,603 shares.The stock last traded at $163.10 and had previously closed at $162.82.

Vanguard Russell 2000 Value ETF Trading Up 0.2%

The firm has a market capitalization of $870.95 million, a P/E ratio of 13.86 and a beta of 1.09. The stock has a 50 day simple moving average of $158.35 and a 200-day simple moving average of $151.44.

Vanguard Russell 2000 Value ETF Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Monday, December 22nd will be given a dividend of $0.8505 per share. This represents a $3.40 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, December 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VTWV. Raymond James Financial Inc. raised its stake in Vanguard Russell 2000 Value ETF by 20.2% during the 1st quarter. Raymond James Financial Inc. now owns 27,260 shares of the company’s stock worth $3,628,000 after acquiring an additional 4,580 shares during the period. EWG Elevate Inc. bought a new position in shares of Vanguard Russell 2000 Value ETF in the third quarter worth approximately $3,993,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Russell 2000 Value ETF by 92.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,407 shares of the company’s stock worth $453,000 after purchasing an additional 1,637 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Vanguard Russell 2000 Value ETF by 1.1% during the 1st quarter. Kestra Advisory Services LLC now owns 34,851 shares of the company’s stock valued at $4,638,000 after purchasing an additional 388 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Vanguard Russell 2000 Value ETF during the 1st quarter valued at $444,000.

Vanguard Russell 2000 Value ETF Company Profile

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.