JPMorgan Chase & Co. Sells 178,169 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

JPMorgan Chase & Co. trimmed its position in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 11.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,447,106 shares of the company’s stock after selling 178,169 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Russell 2000 ETF were worth $129,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Graney & King LLC acquired a new position in Vanguard Russell 2000 ETF during the 4th quarter worth $150,000. PKS Advisory Services LLC acquired a new position in shares of Vanguard Russell 2000 ETF during the 4th quarter worth about $1,584,000. TIAA Trust National Association bought a new stake in Vanguard Russell 2000 ETF during the 4th quarter valued at approximately $391,000. FineMark National Bank & Trust grew its holdings in Vanguard Russell 2000 ETF by 5.0% in the 4th quarter. FineMark National Bank & Trust now owns 20,541 shares of the company’s stock valued at $1,835,000 after buying an additional 984 shares during the last quarter. Finally, Modern Wealth Management LLC bought a new position in Vanguard Russell 2000 ETF in the 4th quarter worth approximately $369,000.

Vanguard Russell 2000 ETF Stock Performance

VTWO opened at $80.65 on Wednesday. The business has a 50 day moving average of $87.11 and a 200-day moving average of $89.99. The stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 16.02 and a beta of 1.15. Vanguard Russell 2000 ETF has a 1-year low of $77.35 and a 1-year high of $99.12.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a $0.2475 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.99 annualized dividend and a yield of 1.23%.

Vanguard Russell 2000 ETF Company 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.