Envestnet Asset Management Inc. Sells 2,034 Shares of Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG)

Envestnet Asset Management Inc. reduced its stake in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 5.3% during the first quarter, Holdings Channel.com reports. The fund owned 36,037 shares of the company’s stock after selling 2,034 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Russell 2000 Growth ETF were worth $6,716,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sterling Capital Management LLC lifted its position in Vanguard Russell 2000 Growth ETF by 28.5% during the fourth quarter. Sterling Capital Management LLC now owns 212 shares of the company’s stock valued at $45,000 after acquiring an additional 47 shares during the last quarter. CreativeOne Wealth LLC lifted its position in Vanguard Russell 2000 Growth ETF by 4.8% during the fourth quarter. CreativeOne Wealth LLC now owns 1,054 shares of the company’s stock valued at $221,000 after acquiring an additional 48 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Vanguard Russell 2000 Growth ETF by 1.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 6,879 shares of the company’s stock worth $1,282,000 after buying an additional 85 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the first quarter worth $28,000. Finally, Mascagni Wealth Management Inc. purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth $36,000.

Vanguard Russell 2000 Growth ETF Trading Up 0.2%

NASDAQ VTWG opened at $212.67 on Wednesday. The company has a fifty day simple moving average of $205.00 and a two-hundred day simple moving average of $200.08. The stock has a market cap of $1.01 billion, a P/E ratio of 20.82 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a 12-month low of $160.03 and a 12-month high of $231.13.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a $0.3786 dividend. The ex-dividend date was Friday, June 20th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 0.71%.

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.