Principal Financial Group Inc. Has $1.91 Million Holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Principal Financial Group Inc. cut its holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 2.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 23,682 shares of the company’s stock after selling 676 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Russell 2000 ETF were worth $1,910,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Proathlete Wealth Management LLC acquired a new position in Vanguard Russell 2000 ETF in the first quarter valued at approximately $37,000. Opal Wealth Advisors LLC acquired a new position in Vanguard Russell 2000 ETF in the first quarter valued at approximately $42,000. Crewe Advisors LLC acquired a new position in Vanguard Russell 2000 ETF in the first quarter valued at approximately $44,000. NBC Securities Inc. acquired a new position in Vanguard Russell 2000 ETF in the first quarter valued at approximately $55,000. Finally, Huntington National Bank lifted its stake in Vanguard Russell 2000 ETF by 38.1% in the fourth quarter. Huntington National Bank now owns 780 shares of the company’s stock valued at $70,000 after buying an additional 215 shares during the period.

Vanguard Russell 2000 ETF Stock Performance

Shares of NASDAQ:VTWO opened at $89.86 on Friday. The business’s 50 day simple moving average is $86.03 and its two-hundred day simple moving average is $84.92. The firm has a market cap of $12.90 billion, a P/E ratio of 16.60 and a beta of 1.15. Vanguard Russell 2000 ETF has a 52-week low of $69.38 and a 52-week high of $99.12.

Vanguard Russell 2000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were issued a $0.2498 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $1.00 annualized dividend and a yield of 1.11%.

About Vanguard Russell 2000 ETF

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.