Ameriprise Financial Inc. Lowers Stock Position in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)

Ameriprise Financial Inc. cut its stake in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,536 shares of the company’s stock after selling 256 shares during the quarter. Ameriprise Financial Inc. owned approximately 1.21% of Vanguard Russell 2000 Growth ETF worth $12,301,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in Vanguard Russell 2000 Growth ETF by 26.8% during the fourth quarter. JPMorgan Chase & Co. now owns 11,477 shares of the company’s stock valued at $2,412,000 after purchasing an additional 2,424 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard Russell 2000 Growth ETF during the 4th quarter valued at $33,000. Raymond James Financial Inc. bought a new position in Vanguard Russell 2000 Growth ETF in the 4th quarter worth $7,423,000. Graney & King LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter valued at about $187,000. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of Vanguard Russell 2000 Growth ETF by 2.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 5,431 shares of the company’s stock worth $1,141,000 after acquiring an additional 134 shares during the period.

Vanguard Russell 2000 Growth ETF Trading Up 1.3%

NASDAQ:VTWG opened at $201.35 on Monday. The stock has a 50-day moving average price of $185.25 and a 200 day moving average price of $204.69. The stock has a market capitalization of $994.67 million, a P/E ratio of 21.20 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a 12-month low of $160.03 and a 12-month high of $231.13.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a dividend yield of 0.43%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 2000 Growth ETF Company Profile

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.