Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Hits New 52-Week High – Should You Buy?

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $198.58 and last traded at $197.85, with a volume of 7203 shares trading hands. The stock had previously closed at $198.03.

Vanguard Russell 2000 Value ETF Stock Performance

The firm has a market capitalization of $1.31 billion, a P/E ratio of 13.86 and a beta of 1.01. The stock’s 50 day simple moving average is $192.74 and its 200 day simple moving average is $181.29.

Vanguard Russell 2000 Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.7128 dividend. This is a boost from Vanguard Russell 2000 Value ETF’s previous quarterly dividend of $0.61. The ex-dividend date was Thursday, June 18th. This represents a $2.85 dividend on an annualized basis and a yield of 1.4%.

Institutional Investors Weigh In On Vanguard Russell 2000 Value ETF

Several hedge funds have recently bought and sold shares of the stock. Private Advisor Group LLC raised its stake in shares of Vanguard Russell 2000 Value ETF by 410.5% during the 1st quarter. Private Advisor Group LLC now owns 95,629 shares of the company’s stock worth $15,991,000 after buying an additional 76,898 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Russell 2000 Value ETF by 140.2% in the fourth quarter. Wells Fargo & Company MN now owns 82,477 shares of the company’s stock valued at $13,190,000 after purchasing an additional 48,138 shares in the last quarter. Bank of America Corp DE increased its position in Vanguard Russell 2000 Value ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 425,733 shares of the company’s stock worth $71,191,000 after buying an additional 36,166 shares in the last quarter. Brandywine Asset Management Inc. acquired a new stake in shares of Vanguard Russell 2000 Value ETF during the fourth quarter valued at $3,965,000. Finally, Commerce Bank raised its stake in Vanguard Russell 2000 Value ETF by 28.7% in the 4th quarter. Commerce Bank now owns 95,199 shares of the company’s stock valued at $15,225,000 after purchasing an additional 21,235 shares during the last quarter.

About Vanguard Russell 2000 Value ETF

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.