Rehmann Capital Advisory Group Lowers Holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Rehmann Capital Advisory Group trimmed its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,716 shares of the company’s stock after selling 336 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Vanguard Russell 2000 ETF were worth $571,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Schroder Investment Management Group grew its position in Vanguard Russell 2000 ETF by 6.0% during the 3rd quarter. Schroder Investment Management Group now owns 136,116 shares of the company’s stock valued at $9,724,000 after purchasing an additional 7,657 shares during the last quarter. Comerica Bank purchased a new stake in shares of Vanguard Russell 2000 ETF during the third quarter valued at approximately $7,024,000. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Russell 2000 ETF during the third quarter valued at approximately $141,000. B. Riley Wealth Advisors Inc. raised its holdings in Vanguard Russell 2000 ETF by 55.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 20,542 shares of the company’s stock worth $1,468,000 after acquiring an additional 7,328 shares during the last quarter. Finally, McLean Asset Management Corp lifted its position in Vanguard Russell 2000 ETF by 38.1% in the 4th quarter. McLean Asset Management Corp now owns 15,324 shares of the company’s stock valued at $1,197,000 after acquiring an additional 4,230 shares in the last quarter.

Vanguard Russell 2000 ETF Trading Up 2.4 %

VTWO traded up $1.95 during trading on Thursday, hitting $84.14. 708,207 shares of the company’s stock traded hands, compared to its average volume of 2,338,314. The stock has a market capitalization of $8.90 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. The company’s 50 day simple moving average is $82.24 and its two-hundred day simple moving average is $81.25. Vanguard Russell 2000 ETF has a 12-month low of $65.39 and a 12-month high of $85.65.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were issued a $0.299 dividend. This represents a $1.20 annualized dividend and a yield of 1.42%. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Thursday, June 27th.

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.