Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 1-Year High – Should You Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) reached a new 52-week high on Friday . The company traded as high as $337.77 and last traded at $337.48, with a volume of 39857 shares. The stock had previously closed at $335.05.

Vanguard Russell 1000 ETF Stock Up 0.6%

The company has a market capitalization of $7.96 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The stock has a fifty day moving average price of $313.65 and a two-hundred day moving average price of $311.17.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.8739 dividend. This represents a $3.50 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors have recently added to or reduced their stakes in the business. Ascentis Independent Advisors acquired a new position in Vanguard Russell 1000 ETF in the first quarter valued at $33,000. Bartlett & CO. Wealth Management LLC bought a new position in Vanguard Russell 1000 ETF during the 1st quarter worth approximately $41,000. Kohmann Bosshard Financial Services LLC bought a new position in Vanguard Russell 1000 ETF during the 4th quarter worth approximately $42,000. Root Financial Partners LLC bought a new stake in shares of Vanguard Russell 1000 ETF in the 3rd quarter worth approximately $47,000. Finally, Biltmore Family Office LLC bought a new stake in shares of Vanguard Russell 1000 ETF in the 4th quarter worth approximately $53,000.

About Vanguard Russell 1000 ETF

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.