The Vanguard Russell 2000 Value ETF (NASDAQ: VTWV) has announced a dividend of $0.85 per share, a decision made public on December 18, 2023. Investors recorded as of December 22, 2023, will receive this dividend on December 24, 2023. The ex-dividend date is also set for December 22.
On the trading front, shares of the Vanguard Russell 2000 Value ETF experienced a slight decline, dropping $0.02 to close at $163.47 on Friday. The ETF saw a trading volume of 11,132 shares, which is below its average of approximately 19,727 shares. Over the past year, the ETF has fluctuated between a low of $113.94 and a high of $167.22. Currently, it holds a market capitalization of $872.93 million, a price-to-earnings (P/E) ratio of 13.86, and a beta of 1.09. The fund’s 50-day moving average price stands at $157.85, while the 200-day moving average is $150.60.
Institutional Investor Activity
Recent trading activity indicates that several hedge funds and institutional investors are adjusting their positions in the Vanguard Russell 2000 Value ETF. For instance, Rodgers & Associates LTD increased its stake by 0.4% during the second quarter. The firm now holds 16,717 shares valued at $2,325,000 after acquiring an additional 70 shares.
Similarly, Stordahl Capital Management Inc. raised its holdings by 2.6% in the third quarter, bringing its ownership to 2,825 shares worth $440,000 after purchasing 71 additional shares. Other notable changes include FourThought Financial Partners LLC, which increased its position by 1.0% to own 8,104 shares valued at $1,127,000, and Farther Finance Advisors LLC, which boosted its stake by 22.7% to 536 shares worth $84,000.
Lastly, Freedom Investment Management Inc. lifted its investment by 2.2% in the second quarter, now holding 4,655 shares valued at $647,000 after acquiring an additional 100 shares.
About the Vanguard Russell 2000 Value ETF
The Vanguard Russell 2000 Value ETF (VTWV) is designed to track the Russell 2000 Value index, focusing on U.S. small-cap value stocks. The ETF employs a selection and weighting strategy based on price-to-book values. Launched on September 20, 2010, it is managed by Vanguard, a well-established name in the investment management industry.
For those interested in staying updated, MarketBeat.com offers a daily newsletter summarizing the latest news and analyst ratings for the Vanguard Russell 2000 Value ETF and related companies.
