AE Wealth Management LLC Sells 55,898 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

AE Wealth Management LLC cut its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 24.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 173,890 shares of the company’s stock after selling 55,898 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Russell 2000 ETF were worth $14,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTWO. Family Firm Inc. bought a new stake in Vanguard Russell 2000 ETF during the 2nd quarter worth about $25,000. Rothschild Investment LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $26,000. Principal Securities Inc. bought a new stake in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at about $27,000. Pacifica Partners Inc. bought a new stake in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $27,000. Finally, Abound Wealth Management bought a new stake in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $27,000.

Vanguard Russell 2000 ETF Stock Performance

Shares of VTWO stock opened at $89.66 on Friday. The firm’s 50-day moving average is $87.00 and its 200-day moving average is $83.80. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. Vanguard Russell 2000 ETF has a 52-week low of $65.39 and a 52-week high of $92.40.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.299 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.33%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.17. The ex-dividend date was Thursday, June 27th.

Vanguard Russell 2000 ETF 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.