Red Cedar Investment Management LLC Boosts Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Red Cedar Investment Management LLC lifted its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 357,832 shares of the company’s stock after acquiring an additional 939 shares during the quarter. Vanguard Russell 2000 ETF accounts for approximately 4.2% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 5th largest holding. Red Cedar Investment Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $29,020,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. purchased a new stake in Vanguard Russell 2000 ETF during the third quarter worth $28,000. NBC Securities Inc. bought a new position in shares of Vanguard Russell 2000 ETF in the 3rd quarter worth $35,000. BluePath Capital Management LLC purchased a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth $54,000. Fortitude Family Office LLC bought a new stake in Vanguard Russell 2000 ETF during the fourth quarter valued at about $55,000. Finally, Huntington National Bank grew its stake in Vanguard Russell 2000 ETF by 93.2% in the third quarter. Huntington National Bank now owns 856 shares of the company’s stock valued at $61,000 after purchasing an additional 413 shares during the last quarter.

Vanguard Russell 2000 ETF Price Performance

Vanguard Russell 2000 ETF stock traded up $0.76 during trading hours on Friday, reaching $81.61. The stock had a trading volume of 2,243,861 shares, compared to its average volume of 2,804,244. The business’s 50 day moving average price is $81.81 and its 200-day moving average price is $77.88. Vanguard Russell 2000 ETF has a 52 week low of $65.39 and a 52 week high of $85.65. The company has a market cap of $9.09 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.174 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Thursday, March 21st.

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.