Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Trading 1.3% Higher – Time to Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shot up 1.3% during mid-day trading on Wednesday . The stock traded as high as $235.88 and last traded at $234.26. 15,903 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 26,926 shares. The stock had previously closed at $231.31.

Vanguard Russell 2000 Growth ETF Stock Performance

The firm has a fifty day moving average price of $243.77 and a 200 day moving average price of $239.71. The stock has a market cap of $1.15 billion, a PE ratio of 20.82 and a beta of 1.17.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 24th will be given a dividend of $0.3241 per share. This represents a $1.30 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC grew its stake in shares of Vanguard Russell 2000 Growth ETF by 28.1% during the third quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock worth $53,000 after acquiring an additional 50 shares during the last quarter. Horizon Investments LLC raised its position in shares of Vanguard Russell 2000 Growth ETF by 76.1% in the 4th quarter. Horizon Investments LLC now owns 361 shares of the company’s stock valued at $85,000 after purchasing an additional 156 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the 4th quarter valued at approximately $117,000. Disciplina Capital Management LLC acquired a new stake in Vanguard Russell 2000 Growth ETF in the 4th quarter worth approximately $118,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Vanguard Russell 2000 Growth ETF in the 4th quarter worth approximately $128,000.

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.