Absolute Capital Management LLC Makes New Investment in Vanguard Russell 2000 ETF $VTWO

Absolute Capital Management LLC acquired a new stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 39,455 shares of the company’s stock, valued at approximately $3,860,000. Vanguard Russell 2000 ETF makes up approximately 1.7% of Absolute Capital Management LLC’s portfolio, making the stock its 14th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Traynor Capital Management Inc. boosted its position in Vanguard Russell 2000 ETF by 6.0% during the third quarter. Traynor Capital Management Inc. now owns 2,754 shares of the company’s stock valued at $269,000 after purchasing an additional 155 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Vanguard Russell 2000 ETF by 106.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,900 shares of the company’s stock worth $1,555,000 after purchasing an additional 8,200 shares in the last quarter. Valeo Financial Advisors LLC raised its stake in shares of Vanguard Russell 2000 ETF by 16.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 4,771 shares of the company’s stock worth $467,000 after purchasing an additional 679 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of Vanguard Russell 2000 ETF by 57.9% in the 3rd quarter. Truist Financial Corp now owns 442,894 shares of the company’s stock valued at $43,324,000 after buying an additional 162,405 shares during the last quarter. Finally, Inman Jager Wealth Management LLC bought a new position in shares of Vanguard Russell 2000 ETF in the third quarter valued at $209,000.

Vanguard Russell 2000 ETF Trading Down 0.5%

Shares of VTWO opened at $106.39 on Thursday. The company’s fifty day simple moving average is $102.51 and its 200 day simple moving average is $97.84. Vanguard Russell 2000 ETF has a 1-year low of $69.38 and a 1-year high of $109.76. The company has a market cap of $14.74 billion, a price-to-earnings ratio of 16.60 and a beta of 1.13.

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.