Vanguard Russell 1000 ETF (NASDAQ:VONE) Sets New 12-Month High – Here’s Why

Vanguard Russell 1000 ETF (NASDAQ:VONE)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $344.82 and last traded at $344.74, with a volume of 3316 shares. The stock had previously closed at $337.71.

Vanguard Russell 1000 ETF Price Performance

The stock has a market cap of $8.48 billion, a P/E ratio of 24.55 and a beta of 1.01. The stock’s 50-day moving average is $337.22 and its two-hundred day moving average is $321.69.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.8643 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 1.0%.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Several large investors have recently modified their holdings of VONE. Kingsview Wealth Management LLC increased its stake in shares of Vanguard Russell 1000 ETF by 2.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,451 shares of the company’s stock valued at $448,000 after buying an additional 34 shares in the last quarter. Betterment LLC boosted its stake in Vanguard Russell 1000 ETF by 1.4% in the third quarter. Betterment LLC now owns 2,499 shares of the company’s stock valued at $756,000 after acquiring an additional 35 shares during the last quarter. Guardian Wealth Advisors LLC NC boosted its position in shares of Vanguard Russell 1000 ETF by 2.7% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 1,369 shares of the company’s stock worth $423,000 after purchasing an additional 36 shares during the last quarter. Modera Wealth Management LLC boosted its holdings in Vanguard Russell 1000 ETF by 1.6% during the first quarter. Modera Wealth Management LLC now owns 2,385 shares of the company’s stock worth $704,000 after buying an additional 37 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in Vanguard Russell 1000 ETF by 1.2% during the third quarter. Private Advisor Group LLC now owns 3,771 shares of the company’s stock valued at $1,140,000 after purchasing an additional 45 shares during the period.

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.