Vanguard Russell 2000 Index Fund (NASDAQ:VTWO) Sees Large Decline in Short Interest

Vanguard Russell 2000 Index Fund (NASDAQ:VTWO – Get Rating) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 686,700 shares, a drop of 26.8% from the February 13th total of 938,400 shares. Based on an average daily volume of 1,276,500 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Vanguard Russell 2000 Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of VTWO. Fairfield Bush & CO. acquired a new stake in shares of Vanguard Russell 2000 Index Fund during the 1st quarter valued at approximately $65,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Vanguard Russell 2000 Index Fund by 62.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,239,070 shares of the company’s stock worth $1,262,557,000 after acquiring an additional 5,858,233 shares during the period. Bank of New York Mellon Corp grew its stake in Vanguard Russell 2000 Index Fund by 93.8% in the 1st quarter. Bank of New York Mellon Corp now owns 23,410 shares of the company’s stock worth $1,940,000 after acquiring an additional 11,333 shares during the period. US Bancorp DE grew its stake in shares of Vanguard Russell 2000 Index Fund by 44.7% during the 1st quarter. US Bancorp DE now owns 1,890 shares of the company’s stock valued at $157,000 after buying an additional 584 shares during the period. Finally, BlackRock Inc. grew its stake in shares of Vanguard Russell 2000 Index Fund by 91.5% during the 1st quarter. BlackRock Inc. now owns 62,725 shares of the company’s stock valued at $5,197,000 after buying an additional 29,970 shares during the period.

Vanguard Russell 2000 Index Fund Stock Performance

Shares of NASDAQ:VTWO opened at $71.07 on Friday. Vanguard Russell 2000 Index Fund has a 52 week low of $65.63 and a 52 week high of $85.63. The company has a 50-day moving average price of $75.54 and a 200 day moving average price of $73.29.

Vanguard Russell 2000 Index Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Friday, December 16th were given a $0.415 dividend. The ex-dividend date of this dividend was Thursday, December 15th. This represents a $1.66 dividend on an annualized basis and a yield of 2.34%. This is an increase from Vanguard Russell 2000 Index Fund’s previous quarterly dividend of $0.29.