LJI Wealth Management LLC Lowers Stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

LJI Wealth Management LLC reduced its position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,180 shares of the company’s stock after selling 3,274 shares during the quarter. Vanguard Russell 2000 ETF accounts for approximately 1.0% of LJI Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. LJI Wealth Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $5,020,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Natixis Advisors LLC raised its holdings in Vanguard Russell 2000 ETF by 15.2% in the 3rd quarter. Natixis Advisors LLC now owns 5,037,888 shares of the company’s stock valued at $450,186,000 after acquiring an additional 666,410 shares during the last quarter. Seelaus Asset Management LLC acquired a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $248,000. Vawter Financial Ltd. acquired a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $215,000. Lifeworks Advisors LLC acquired a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $237,000. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Vanguard Russell 2000 ETF by 20.9% during the 3rd quarter. Main Street Financial Solutions LLC now owns 30,904 shares of the company’s stock worth $2,762,000 after buying an additional 5,348 shares during the last quarter.

Vanguard Russell 2000 ETF Stock Performance

Shares of NASDAQ VTWO traded down $1.38 during midday trading on Friday, reaching $92.45. 1,357,661 shares of the stock were exchanged, compared to its average volume of 2,254,494. The company has a 50 day simple moving average of $89.61 and a 200 day simple moving average of $86.09. The stock has a market capitalization of $12.19 billion, a P/E ratio of 12.13 and a beta of 1.15. Vanguard Russell 2000 ETF has a twelve month low of $70.84 and a twelve month high of $98.06.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.277 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 1.20%.

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.