1900 Wealth Management LLC Sells 12,678 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

1900 Wealth Management LLC lowered its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 21.6% during the fourth quarter, Holdings Channel reports. The firm owned 45,971 shares of the company’s stock after selling 12,678 shares during the period. 1900 Wealth Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $3,728,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Telemus Capital LLC lifted its holdings in shares of Vanguard Russell 2000 ETF by 3.1% during the 4th quarter. Telemus Capital LLC now owns 11,559 shares of the company’s stock worth $937,000 after acquiring an additional 347 shares during the period. Red Tortoise LLC lifted its stake in Vanguard Russell 2000 ETF by 63.8% during the fourth quarter. Red Tortoise LLC now owns 3,449 shares of the company’s stock worth $280,000 after purchasing an additional 1,343 shares during the last quarter. Guidance Point Advisors LLC lifted its stake in Vanguard Russell 2000 ETF by 1.8% during the fourth quarter. Guidance Point Advisors LLC now owns 8,721 shares of the company’s stock worth $707,000 after purchasing an additional 157 shares during the last quarter. Desjardins Global Asset Management Inc. acquired a new stake in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at $2,969,000. Finally, SVB Wealth LLC bought a new position in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at $3,508,000.

Vanguard Russell 2000 ETF Price Performance

Shares of VTWO stock traded up $0.84 on Monday, hitting $78.92. 1,944,431 shares of the company’s stock were exchanged, compared to its average volume of 2,891,632. The company has a 50 day moving average of $81.96 and a 200 day moving average of $77.23. Vanguard Russell 2000 ETF has a 12 month low of $65.39 and a 12 month high of $85.65. The stock has a market cap of $8.79 billion, a P/E ratio of 12.05 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were issued a $0.174 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.70 dividend on an annualized basis and a yield of 0.88%.

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.