Halbert Hargrove Global Advisors LLC Lowers Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Halbert Hargrove Global Advisors LLC trimmed its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,564 shares of the company’s stock after selling 1,223 shares during the period. Vanguard Russell 2000 ETF comprises 0.2% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Halbert Hargrove Global Advisors LLC’s holdings in Vanguard Russell 2000 ETF were worth $3,089,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Cornerstone Wealth Management LLC grew its position in Vanguard Russell 2000 ETF by 6.6% during the third quarter. Cornerstone Wealth Management LLC now owns 8,629 shares of the company’s stock worth $771,000 after buying an additional 538 shares during the period. Sentinel Pension Advisors Inc. purchased a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $312,000. Creative Planning grew its holdings in shares of Vanguard Russell 2000 ETF by 1.6% in the 3rd quarter. Creative Planning now owns 40,616 shares of the company’s stock worth $3,629,000 after acquiring an additional 649 shares during the period. Wesbanco Bank Inc. purchased a new position in Vanguard Russell 2000 ETF in the 3rd quarter valued at approximately $4,134,000. Finally, Webster Bank N. A. raised its holdings in Vanguard Russell 2000 ETF by 34.9% during the third quarter. Webster Bank N. A. now owns 10,548 shares of the company’s stock worth $943,000 after purchasing an additional 2,730 shares during the last quarter.

Vanguard Russell 2000 ETF Price Performance

Vanguard Russell 2000 ETF stock traded down $0.11 during trading hours on Thursday, hitting $91.59. The stock had a trading volume of 23,821 shares, compared to its average volume of 2,336,328. Vanguard Russell 2000 ETF has a 1-year low of $65.39 and a 1-year high of $92.40. The stock has a market capitalization of $12.07 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. The stock’s fifty day moving average is $87.41 and its two-hundred day moving average is $84.53.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders 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 yield of 1.21%. The ex-dividend date of this dividend was Thursday, September 26th.

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.