Pineridge Advisors LLC Reduces Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Pineridge Advisors LLC trimmed its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 18.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 971 shares of the company’s stock after selling 221 shares during the quarter. Pineridge Advisors LLC’s holdings in Vanguard Russell 2000 ETF were worth $80,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VTWO. SignalPoint Asset Management LLC lifted its position in Vanguard Russell 2000 ETF by 2.3% during the 1st quarter. SignalPoint Asset Management LLC now owns 5,537 shares of the company’s stock valued at $471,000 after acquiring an additional 125 shares during the period. M3 Advisory Group LLC increased its stake in Vanguard Russell 2000 ETF by 1.9% during the 2nd quarter. M3 Advisory Group LLC now owns 6,830 shares of the company’s stock valued at $560,000 after purchasing an additional 125 shares in the last quarter. Tennessee Valley Asset Management Partners increased its stake in Vanguard Russell 2000 ETF by 2.2% during the 2nd quarter. Tennessee Valley Asset Management Partners now owns 6,490 shares of the company’s stock valued at $532,000 after purchasing an additional 141 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Vanguard Russell 2000 ETF by 67.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 371 shares of the company’s stock valued at $32,000 after purchasing an additional 149 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its stake in Vanguard Russell 2000 ETF by 5.2% during the 1st quarter. Wealthspire Advisors LLC now owns 3,531 shares of the company’s stock valued at $300,000 after purchasing an additional 173 shares in the last quarter.

Vanguard Russell 2000 ETF Trading Up 3.1 %

NASDAQ:VTWO traded up $2.70 on Friday, reaching $89.07. 2,199,366 shares of the stock traded hands, compared to its average volume of 2,447,915. The company has a market capitalization of $9.42 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. Vanguard Russell 2000 ETF has a 12 month low of $65.39 and a 12 month high of $92.40. The company’s fifty day simple moving average is $84.84 and its 200 day simple moving average is $82.98.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a dividend of $0.299 per share. This is a positive change from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.17. This represents a $1.20 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Thursday, June 27th.

Vanguard Russell 2000 ETF Company 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.