PNC Financial Services Group Inc. Boosts Stock Position in Vanguard Russell 2000 ETF $VTWO

PNC Financial Services Group Inc. boosted its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 4.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 129,636 shares of the company’s stock after purchasing an additional 6,050 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Russell 2000 ETF were worth $12,986,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Winnow Wealth LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at about $25,000. Advisory Services Network LLC bought a new position in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $29,000. Qube Research & Technologies Ltd raised its stake in shares of Vanguard Russell 2000 ETF by 209.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after acquiring an additional 260 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Russell 2000 ETF during the fourth quarter valued at approximately $34,000. Finally, NBT Bank N A NY lifted its position in Vanguard Russell 2000 ETF by 35.8% during the fourth quarter. NBT Bank N A NY now owns 398 shares of the company’s stock valued at $40,000 after acquiring an additional 105 shares during the last quarter.

Vanguard Russell 2000 ETF Stock Down 0.3%

Shares of VTWO opened at $117.71 on Friday. The company has a 50 day moving average of $117.92 and a two-hundred day moving average of $110.29. Vanguard Russell 2000 ETF has a twelve month low of $85.88 and a twelve month high of $122.35. The company has a market cap of $17.33 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.3014 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.21 annualized dividend and a dividend yield of 1.0%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26.

Vanguard Russell 2000 ETF 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.