Red Cedar Investment Management LLC Has $29.02 Million Stock Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Red Cedar Investment Management LLC increased its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 357,832 shares of the company’s stock after acquiring an additional 939 shares during the quarter. Vanguard Russell 2000 ETF makes up about 4.2% of Red Cedar Investment Management LLC’s holdings, making the stock its 5th largest position. Red Cedar Investment Management LLC owned about 0.37% of Vanguard Russell 2000 ETF worth $29,020,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Hazlett Burt & Watson Inc. bought a new position in shares of Vanguard Russell 2000 ETF during the 3rd quarter valued at approximately $28,000. NBC Securities Inc. purchased a new stake in Vanguard Russell 2000 ETF in the third quarter worth $35,000. Fortitude Family Office LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at $55,000. BluePath Capital Management LLC purchased a new position in shares of Vanguard Russell 2000 ETF during the 3rd quarter valued at $54,000. Finally, Huntington National Bank lifted its position in shares of Vanguard Russell 2000 ETF by 93.2% during the 3rd quarter. Huntington National Bank now owns 856 shares of the company’s stock valued at $61,000 after buying an additional 413 shares during the last quarter.

Vanguard Russell 2000 ETF Stock Up 0.9 %

VTWO traded up $0.76 during trading hours on Friday, hitting $81.61. The stock had a trading volume of 2,243,861 shares, compared to its average volume of 2,804,244. Vanguard Russell 2000 ETF has a 1 year low of $65.39 and a 1 year high of $85.65. The company’s fifty day simple moving average is $81.81 and its 200 day simple moving average is $77.88. The stock has a market cap of $9.09 billion, a PE ratio of 12.13 and a beta of 1.15.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a $0.174 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Thursday, March 21st.

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.