Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lowered its stake in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) by 7.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 6,798 shares of the company’s stock after selling 530 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Vanguard Russell 2000 Growth ETF were worth $1,340,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Westwood Holdings Group Inc. increased its holdings in Vanguard Russell 2000 Growth ETF by 45.4% in the fourth quarter. Westwood Holdings Group Inc. now owns 338,567 shares of the company’s stock valued at $62,144,000 after buying an additional 105,719 shares in the last quarter. Crestone Asset Management LLC boosted its position in Vanguard Russell 2000 Growth ETF by 2.9% during the first quarter. Crestone Asset Management LLC now owns 170,106 shares of the company’s stock worth $33,528,000 after acquiring an additional 4,816 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Russell 2000 Growth ETF by 3.8% during the fourth quarter. Wells Fargo & Company MN now owns 52,219 shares of the company’s stock worth $9,585,000 after acquiring an additional 1,888 shares during the last quarter. WestHill Financial Advisors Inc. boosted its position in Vanguard Russell 2000 Growth ETF by 3.0% during the first quarter. WestHill Financial Advisors Inc. now owns 38,698 shares of the company’s stock worth $7,627,000 after acquiring an additional 1,117 shares during the last quarter. Finally, Riversedge Advisors LLC boosted its position in Vanguard Russell 2000 Growth ETF by 4.9% during the fourth quarter. Riversedge Advisors LLC now owns 26,775 shares of the company’s stock worth $4,914,000 after acquiring an additional 1,253 shares during the last quarter.

Vanguard Russell 2000 Growth ETF Trading Up 1.2 %

VTWG opened at $200.53 on Monday. The firm has a market capitalization of $942.49 million, a PE ratio of 15.65 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a twelve month low of $148.12 and a twelve month high of $202.16. The firm’s 50-day moving average price is $191.20 and its 200 day moving average price is $187.77.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a dividend of $0.265 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.06 dividend on an annualized basis and a yield of 0.53%.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.