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

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $221.86 and last traded at $221.82, with a volume of 7779 shares. The stock had previously closed at $211.52.

Vanguard Russell 2000 Growth ETF Trading Up 5.1 %

The company’s 50 day moving average price is $204.69 and its two-hundred day moving average price is $197.38. The stock has a market cap of $1.09 billion, a P/E ratio of 15.65 and a beta of 1.15.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.227 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.41%.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Several large investors have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 1.7% in the third quarter. Chicago Partners Investment Group LLC now owns 2,978 shares of the company’s stock worth $614,000 after purchasing an additional 49 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Vanguard Russell 2000 Growth ETF by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 1,498 shares of the company’s stock worth $286,000 after buying an additional 57 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 2.0% during the first quarter. Oppenheimer & Co. Inc. now owns 3,324 shares of the company’s stock worth $655,000 after buying an additional 65 shares during the period. Chilton Capital Management LLC purchased a new stake in shares of Vanguard Russell 2000 Growth ETF during the second quarter valued at $26,000. Finally, MidWestOne Financial Group Inc. increased its position in shares of Vanguard Russell 2000 Growth ETF by 8.1% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 2,757 shares of the company’s stock valued at $527,000 after acquiring an additional 207 shares during the period.

Vanguard Russell 2000 Growth ETF Company Profile

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.