Comerica Bank Sells 10,575 Shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Comerica Bank lowered its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 10.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,373 shares of the company’s stock after selling 10,575 shares during the quarter. Comerica Bank owned 0.08% of Vanguard Russell 2000 ETF worth $7,772,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VTWO. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Vanguard Russell 2000 ETF by 50.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,409,425 shares of the company’s stock valued at $545,186,000 after acquiring an additional 2,137,708 shares in the last quarter. Jones Financial Companies Lllp grew its position in Vanguard Russell 2000 ETF by 18.5% in the 4th quarter. Jones Financial Companies Lllp now owns 1,708,017 shares of the company’s stock valued at $138,520,000 after purchasing an additional 266,190 shares during the period. UBS Group AG grew its position in Vanguard Russell 2000 ETF by 16.6% in the 4th quarter. UBS Group AG now owns 1,533,372 shares of the company’s stock valued at $124,356,000 after purchasing an additional 218,283 shares during the period. Natixis Advisors L.P. grew its position in Vanguard Russell 2000 ETF by 7.3% in the 4th quarter. Natixis Advisors L.P. now owns 3,049,744 shares of the company’s stock valued at $247,334,000 after purchasing an additional 208,475 shares during the period. Finally, International Assets Investment Management LLC grew its position in Vanguard Russell 2000 ETF by 32,018.6% in the 4th quarter. International Assets Investment Management LLC now owns 137,789 shares of the company’s stock valued at $11,175,000 after purchasing an additional 137,360 shares during the period.

Vanguard Russell 2000 ETF Trading Down 3.7 %

NASDAQ VTWO traded down $3.23 during mid-day trading on Friday, hitting $84.37. The company’s stock had a trading volume of 3,609,730 shares, compared to its average volume of 2,488,160. The company’s 50 day simple moving average is $84.05 and its 200 day simple moving average is $82.22. Vanguard Russell 2000 ETF has a twelve month low of $65.39 and a twelve month high of $92.40. The firm has a market capitalization of $8.92 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a $0.299 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.20 annualized dividend and a yield of 1.42%. This is an increase from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.17.

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.