Modern Wealth Management LLC Acquires 1,420 Shares of Vanguard Russell 2000 ETF $VTWO

Modern Wealth Management LLC increased its holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 45.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,542 shares of the company’s stock after buying an additional 1,420 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VTWO. Wedmont Private Capital boosted its holdings in Vanguard Russell 2000 ETF by 4.4% in the 1st quarter. Wedmont Private Capital now owns 3,460 shares of the company’s stock valued at $258,000 after purchasing an additional 146 shares during the period. Grantvest Financial Group LLC boosted its holdings in Vanguard Russell 2000 ETF by 5.1% in the 1st quarter. Grantvest Financial Group LLC now owns 3,136 shares of the company’s stock valued at $253,000 after purchasing an additional 152 shares during the period. NorthRock Partners LLC boosted its holdings in Vanguard Russell 2000 ETF by 54.3% in the 1st quarter. NorthRock Partners LLC now owns 483 shares of the company’s stock valued at $39,000 after purchasing an additional 170 shares during the period. Capital Investment Advisory Services LLC boosted its holdings in Vanguard Russell 2000 ETF by 46.1% in the 1st quarter. Capital Investment Advisory Services LLC now owns 561 shares of the company’s stock valued at $45,000 after purchasing an additional 177 shares during the period. Finally, Decker Retirement Planning Inc. boosted its holdings in Vanguard Russell 2000 ETF by 13.7% in the 1st quarter. Decker Retirement Planning Inc. now owns 1,525 shares of the company’s stock valued at $123,000 after purchasing an additional 184 shares during the period.

Vanguard Russell 2000 ETF Stock Performance

Vanguard Russell 2000 ETF stock opened at $96.41 on Monday. The firm’s fifty day moving average price is $91.87 and its 200-day moving average price is $85.36. The stock has a market cap of $13.84 billion, a P/E ratio of 16.60 and a beta of 1.15. Vanguard Russell 2000 ETF has a fifty-two week low of $69.38 and a fifty-two week high of $99.12.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a dividend of $0.2498 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, June 20th.

About Vanguard Russell 2000 ETF

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.