LPL Financial LLC Raises Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

LPL Financial LLC raised its stake in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 12.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 798,365 shares of the company’s stock after buying an additional 89,039 shares during the period. LPL Financial LLC’s holdings in Vanguard Russell 2000 ETF were worth $71,318,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. 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 grew its stake in shares of Vanguard Russell 2000 ETF by 1,957.1% during the 4th quarter. CENTRAL TRUST Co now owns 288 shares of the company’s stock valued at $26,000 after purchasing an additional 274 shares during the period. Key Financial Inc increased its position in shares of Vanguard Russell 2000 ETF by 2,613.3% during 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 during the last quarter. Abound Wealth Management lifted its stake in shares of Vanguard Russell 2000 ETF by 37.8% in the 4th quarter. Abound Wealth Management now owns 452 shares of the company’s stock worth $40,000 after purchasing an additional 124 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Vanguard Russell 2000 ETF during the fourth quarter valued at approximately $41,000.

Vanguard Russell 2000 ETF Trading Down 1.1 %

Shares of VTWO stock opened at $83.06 on Thursday. The company has a 50 day simple moving average of $87.93 and a two-hundred day simple moving average of $90.07. The stock has a market cap of $11.38 billion, a P/E ratio of 15.65 and a beta of 1.15. Vanguard Russell 2000 ETF has a 12 month low of $77.35 and a 12 month high of $99.12.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.2475 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.99 dividend on an annualized basis and a yield of 1.19%.

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.