Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Reaches New 12-Month High – Time to Buy?

Shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) hit a new 52-week high during trading on Thursday . The stock traded as high as $284.40 and last traded at $284.40, with a volume of 38675 shares changing hands. The stock had previously closed at $277.57.

Vanguard Russell 2000 Growth ETF Stock Up 2.5%

The business’s 50-day moving average is $265.61 and its two-hundred day moving average is $250.29. The company has a market capitalization of $1.47 billion, a P/E ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a $0.3241 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $1.30 annualized dividend and a yield of 0.5%.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VTWG. Elm3 Financial Group LLC purchased a new stake in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter valued at approximately $754,000. Kelsey Financial LLC purchased a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter worth $531,000. Systelligence LLC bought a new position in Vanguard Russell 2000 Growth ETF in the 4th quarter valued at $17,186,000. JPMorgan Chase & Co. grew its stake in Vanguard Russell 2000 Growth ETF by 23.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock valued at $3,210,000 after purchasing an additional 2,579 shares during the period. Finally, Sound Income Strategies LLC grew its stake in Vanguard Russell 2000 Growth ETF by 61.5% in the 4th quarter. Sound Income Strategies LLC now owns 38,361 shares of the company’s stock valued at $9,790,000 after purchasing an additional 14,612 shares during the period.

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.