Intech Investment Management LLC Makes New Investment in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Intech Investment Management LLC purchased a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 726,000 shares of the company’s stock, valued at approximately $64,875,000. Vanguard Russell 2000 ETF makes up about 0.7% of Intech Investment Management LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other large investors also recently added to or reduced their stakes in VTWO. Summit Rock Advisors LP acquired a new position in Vanguard Russell 2000 ETF during the third quarter worth $109,726,000. Natixis Advisors LLC increased its position in shares of Vanguard Russell 2000 ETF by 21.4% during the second quarter. Natixis Advisors LLC now owns 4,371,478 shares of the company’s stock worth $358,330,000 after acquiring an additional 770,135 shares during the period. IMC Chicago LLC purchased a new stake in shares of Vanguard Russell 2000 ETF during the second quarter worth $21,017,000. Raymond James & Associates increased its position in shares of Vanguard Russell 2000 ETF by 55.1% during the third quarter. Raymond James & Associates now owns 454,110 shares of the company’s stock worth $40,579,000 after acquiring an additional 161,264 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of Vanguard Russell 2000 ETF by 1,992.3% during the third quarter. International Assets Investment Management LLC now owns 149,976 shares of the company’s stock worth $13,402,000 after acquiring an additional 142,808 shares during the period.

Vanguard Russell 2000 ETF Trading Up 0.1 %

Vanguard Russell 2000 ETF stock opened at $93.43 on Thursday. Vanguard Russell 2000 ETF has a twelve month low of $71.56 and a twelve month high of $98.06. The stock’s fifty day simple moving average is $90.13 and its 200-day simple moving average is $86.43. The firm has a market capitalization of $12.32 billion, a P/E ratio of 12.13 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.277 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Thursday, September 26th.

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.