Ridgepath Capital Management LLC Increases Stock Holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Ridgepath Capital Management LLC lifted its stake in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 3.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 40,054 shares of the company’s stock after acquiring an additional 1,155 shares during the period. Vanguard Russell 2000 ETF makes up 2.9% of Ridgepath Capital Management LLC’s holdings, making the stock its 11th biggest holding. Ridgepath Capital Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $3,579,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of VTWO. CreativeOne Wealth LLC acquired a new stake in Vanguard Russell 2000 ETF during the 1st quarter valued at approximately $233,000. Oppenheimer & Co. Inc. acquired a new stake in Vanguard Russell 2000 ETF during the 1st quarter valued at approximately $585,000. Cetera Advisors LLC grew its stake in Vanguard Russell 2000 ETF by 60.5% during the 1st quarter. Cetera Advisors LLC now owns 8,504 shares of the company’s stock valued at $723,000 after purchasing an additional 3,205 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Vanguard Russell 2000 ETF by 60.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 823 shares of the company’s stock valued at $70,000 after purchasing an additional 311 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in Vanguard Russell 2000 ETF by 22.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 5,847 shares of the company’s stock valued at $522,000 after purchasing an additional 1,070 shares in the last quarter.

Vanguard Russell 2000 ETF Trading Down 0.4 %

Shares of VTWO opened at $88.57 on Monday. The firm has a market cap of $11.68 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. The stock has a 50 day moving average of $88.19 and a 200-day moving average of $84.86. Vanguard Russell 2000 ETF has a 52 week low of $65.39 and a 52 week high of $92.40.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.277 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.11 annualized dividend and a dividend yield of 1.25%.

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.