Elm3 Financial Group LLC Takes Position in Vanguard Russell 2000 Growth ETF $VTWG

Elm3 Financial Group LLC acquired a new stake in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,194 shares of the company’s stock, valued at approximately $754,000. Elm3 Financial Group LLC owned about 0.07% of Vanguard Russell 2000 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 5.4% during the third quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock valued at $70,999,000 after buying an additional 15,449 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after buying an additional 4,174 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 0.8% during the second quarter. Osaic Holdings Inc. now owns 56,954 shares of the company’s stock valued at $11,880,000 after buying an additional 428 shares during the last quarter. UBS Group AG grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 1.9% during the third quarter. UBS Group AG now owns 42,717 shares of the company’s stock valued at $9,986,000 after buying an additional 809 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 20.1% during the second quarter. Raymond James Financial Inc. now owns 41,359 shares of the company’s stock valued at $8,622,000 after buying an additional 6,927 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Price Performance

Shares of NASDAQ VTWG opened at $242.80 on Friday. The stock has a market capitalization of $1.25 billion, a P/E ratio of 20.82 and a beta of 1.16. The company has a 50-day moving average price of $238.88 and a 200-day moving average price of $239.75. Vanguard Russell 2000 Growth ETF has a 1 year low of $167.34 and a 1 year high of $259.59.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.3241 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

About Vanguard Russell 2000 Growth ETF

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.