Fifth Third Bancorp Takes Position in Vanguard Russell 2000 Growth ETF $VTWG

Fifth Third Bancorp bought a new position in shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,444 shares of the company’s stock, valued at approximately $2,392,000. Fifth Third Bancorp owned 0.20% of Vanguard Russell 2000 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VTWG. Horizon Investments LLC grew its stake in Vanguard Russell 2000 Growth ETF by 76.1% in the 4th quarter. Horizon Investments LLC now owns 361 shares of the company’s stock valued at $85,000 after acquiring an additional 156 shares during the period. Atlas Capital Advisors Inc. acquired a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $117,000. Disciplina Capital Management LLC acquired a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $118,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter valued at $128,000. Finally, IFP Advisors Inc lifted its holdings in Vanguard Russell 2000 Growth ETF by 21.1% during the fourth quarter. IFP Advisors Inc now owns 592 shares of the company’s stock valued at $140,000 after purchasing an additional 103 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Stock Up 1.9%

Shares of NASDAQ VTWG opened at $278.51 on Wednesday. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 20.82 and a beta of 1.19. The company’s 50-day simple moving average is $277.00 and its 200-day simple moving average is $257.20. Vanguard Russell 2000 Growth ETF has a 52-week low of $205.16 and a 52-week high of $289.14.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $0.4245 dividend. This represents a $1.70 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

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.