LJI Wealth Management LLC Buys Shares of 59,454 Vanguard Russell 2000 ETF (NASDAQ:VTWO)

LJI Wealth Management LLC purchased a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 59,454 shares of the company’s stock, valued at approximately $4,873,000. Vanguard Russell 2000 ETF accounts for approximately 1.1% of LJI Wealth Management LLC’s holdings, making the stock its 16th biggest position. LJI Wealth Management LLC owned about 0.06% of Vanguard Russell 2000 ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VTWO. Family Firm Inc. bought a new stake in Vanguard Russell 2000 ETF in the second quarter valued at about $25,000. Rothschild Investment LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the 2nd quarter valued at about $26,000. Principal Securities Inc. acquired a new stake in shares of Vanguard Russell 2000 ETF in the 4th quarter valued at approximately $27,000. Pacifica Partners Inc. bought a new position in Vanguard Russell 2000 ETF during the 2nd quarter worth approximately $27,000. Finally, Abound Wealth Management acquired a new position in Vanguard Russell 2000 ETF during the second quarter valued at approximately $27,000.

Vanguard Russell 2000 ETF Stock Performance

Shares of NASDAQ:VTWO opened at $88.74 on Thursday. The company has a 50 day moving average price of $86.82 and a two-hundred day moving average price of $83.71. The company has a market capitalization of $9.38 billion, a PE ratio of 12.13 and a beta of 1.15. Vanguard Russell 2000 ETF has a 52 week low of $65.39 and a 52 week high of $92.40.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently disclosed 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 was Thursday, June 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.35%. This is a boost 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.