Commerce Bank Acquires 7,011 Shares of Vanguard Russell 2000 Value ETF (NASDAQ:VTWV)

Commerce Bank lifted its stake in shares of Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) by 90.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,756 shares of the company’s stock after acquiring an additional 7,011 shares during the period. Commerce Bank owned approximately 0.26% of Vanguard Russell 2000 Value ETF worth $2,134,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC acquired a new stake in shares of Vanguard Russell 2000 Value ETF in the 4th quarter valued at about $52,000. Oxford Financial Group LTD. LLC bought a new position in shares of Vanguard Russell 2000 Value ETF during the 4th quarter worth approximately $78,000. Nvest Financial LLC acquired a new stake in shares of Vanguard Russell 2000 Value ETF in the fourth quarter valued at approximately $225,000. Sterling Capital Management LLC lifted its position in shares of Vanguard Russell 2000 Value ETF by 55.8% in the fourth quarter. Sterling Capital Management LLC now owns 1,644 shares of the company’s stock worth $238,000 after purchasing an additional 589 shares in the last quarter. Finally, Northwest Wealth Management LLC grew its position in Vanguard Russell 2000 Value ETF by 15.2% in the fourth quarter. Northwest Wealth Management LLC now owns 1,775 shares of the company’s stock valued at $257,000 after purchasing an additional 234 shares in the last quarter.

Vanguard Russell 2000 Value ETF Price Performance

Shares of NASDAQ:VTWV opened at $121.27 on Tuesday. The stock has a market capitalization of $680.32 million, a PE ratio of 12.79 and a beta of 1.08. The company’s 50-day moving average price is $133.46 and its two-hundred day moving average price is $143.84. Vanguard Russell 2000 Value ETF has a one year low of $113.94 and a one year high of $161.65.

Vanguard Russell 2000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.5178 per share. This represents a $2.07 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.