Vanguard Russell 2000 ETF (NASDAQ:VTWO) Sees Unusually-High Trading Volume

Vanguard Russell 2000 ETF (NASDAQ:VTWO) saw strong trading volume on Tuesday . 1,706,262 shares changed hands during trading, a decline of 29% from the previous session’s volume of 2,394,811 shares.The stock last traded at $83.69 and had previously closed at $84.29.

Vanguard Russell 2000 ETF Trading Up 0.3 %

The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. The stock has a 50-day moving average price of $86.21 and a 200 day moving average price of $83.51.

Vanguard Russell 2000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were paid a $0.299 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.20 dividend on an annualized basis and a yield of 1.42%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.17.

Institutional Trading of Vanguard Russell 2000 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Family Firm Inc. purchased a new position in Vanguard Russell 2000 ETF in the 2nd quarter valued at about $25,000. Rothschild Investment LLC purchased a new stake in Vanguard Russell 2000 ETF during the 2nd quarter worth approximately $26,000. Abound Wealth Management acquired a new position in shares of Vanguard Russell 2000 ETF during the second quarter valued at approximately $27,000. Pacifica Partners Inc. purchased a new position in shares of Vanguard Russell 2000 ETF in the second quarter valued at approximately $27,000. Finally, Principal Securities Inc. acquired a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter worth approximately $27,000.

About Vanguard Russell 2000 ETF

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.