Modern Wealth Management LLC Acquires Shares of 4,023 Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Modern Wealth Management LLC acquired a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,023 shares of the company’s stock, valued at approximately $369,000.

A number of other institutional investors also recently made changes to their positions in VTWO. Trifecta Capital Advisors LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter worth $25,000. CENTRAL TRUST Co increased its position in shares of Vanguard Russell 2000 ETF by 1,957.1% in the 4th quarter. CENTRAL TRUST Co now owns 288 shares of the company’s stock worth $26,000 after purchasing an additional 274 shares during the last quarter. Key Financial Inc raised its stake in shares of Vanguard Russell 2000 ETF by 2,613.3% in the 4th quarter. Key Financial Inc now owns 407 shares of the company’s stock valued at $36,000 after purchasing an additional 392 shares in the last quarter. Abound Wealth Management lifted its position in shares of Vanguard Russell 2000 ETF by 37.8% during the fourth quarter. Abound Wealth Management now owns 452 shares of the company’s stock worth $40,000 after purchasing an additional 124 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vanguard Russell 2000 ETF in the fourth quarter worth about $41,000.

Vanguard Russell 2000 ETF Stock Down 0.4 %

Shares of NASDAQ VTWO opened at $82.72 on Friday. The stock’s 50 day moving average price is $87.77 and its two-hundred day moving average price is $90.02. Vanguard Russell 2000 ETF has a 52-week low of $77.35 and a 52-week high of $99.12. The stock has a market capitalization of $11.34 billion, a P/E ratio of 15.65 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.2475 per share. This represents a $0.99 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Russell 2000 ETF 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.