Principal Financial Group Inc. Reduces Position in Vanguard Russell 2000 ETF (NASDAQ:VTWO)

Principal Financial Group Inc. lowered its stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,204 shares of the company’s stock after selling 393 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Russell 2000 ETF were worth $2,342,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. O Shaughnessy Asset Management LLC lifted its position in Vanguard Russell 2000 ETF by 60.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 823 shares of the company’s stock worth $70,000 after acquiring an additional 311 shares during the period. CreativeOne Wealth LLC purchased a new stake in Vanguard Russell 2000 ETF in the first quarter valued at approximately $233,000. EP Wealth Advisors LLC boosted its position in Vanguard Russell 2000 ETF by 43.2% in the first quarter. EP Wealth Advisors LLC now owns 2,419 shares of the company’s stock valued at $206,000 after buying an additional 730 shares during the last quarter. SVB Wealth LLC increased its holdings in Vanguard Russell 2000 ETF by 108.0% in the 1st quarter. SVB Wealth LLC now owns 89,984 shares of the company’s stock worth $7,654,000 after buying an additional 46,726 shares during the period. Finally, Silvercrest Asset Management Group LLC purchased a new position in Vanguard Russell 2000 ETF during the 1st quarter worth approximately $20,767,000.

Vanguard Russell 2000 ETF Trading Up 1.8 %

Shares of NASDAQ VTWO opened at $96.58 on Friday. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 12.13 and a beta of 1.15. Vanguard Russell 2000 ETF has a 12 month low of $71.66 and a 12 month high of $98.06. The company has a 50 day simple moving average of $90.49 and a two-hundred day simple moving average of $86.54.

Vanguard Russell 2000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.277 dividend. This represents a $1.11 annualized dividend and a yield of 1.15%. 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.