Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Strong Trading Volume – Time to Buy?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares saw unusually-high trading volume on Wednesday . Approximately 53,601 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 32,001 shares.The stock last traded at $226.80 and had previously closed at $224.65.

Vanguard Russell 2000 Growth ETF Stock Down 1.7 %

The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 15.65 and a beta of 1.15. The business has a 50 day moving average price of $207.89 and a 200-day moving average price of $199.18.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.227 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.42%.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of large investors have recently modified their holdings of the stock. Cetera Advisors LLC grew its stake in Vanguard Russell 2000 Growth ETF by 4,461.5% during the 1st quarter. Cetera Advisors LLC now owns 117,459 shares of the company’s stock valued at $23,151,000 after purchasing an additional 114,884 shares in the last quarter. LJI Wealth Management LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF during the 2nd quarter valued at $11,365,000. Cetera Investment Advisers increased its position in shares of Vanguard Russell 2000 Growth ETF by 15.8% during the 1st quarter. Cetera Investment Advisers now owns 130,023 shares of the company’s stock valued at $25,628,000 after purchasing an additional 17,704 shares during the period. Westwood Holdings Group Inc. increased its position in shares of Vanguard Russell 2000 Growth ETF by 3.6% during the 1st quarter. Westwood Holdings Group Inc. now owns 350,763 shares of the company’s stock valued at $69,135,000 after purchasing an additional 12,196 shares during the period. Finally, Susquehanna International Group LLP increased its position in shares of Vanguard Russell 2000 Growth ETF by 60.9% during the 2nd quarter. Susquehanna International Group LLP now owns 17,138 shares of the company’s stock valued at $3,274,000 after purchasing an additional 6,484 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.