Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – Should You Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $343.42 and last traded at $342.27, with a volume of 1593 shares trading hands. The stock had previously closed at $340.75.

Vanguard Russell 3000 ETF Stock Up 0.7%

The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 24.16 and a beta of 1.01. The company’s 50 day moving average is $330.76 and its 200 day moving average is $315.92.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.8372 per share. This represents a $3.35 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Vanguard Russell 3000 ETF during the fourth quarter worth approximately $29,000. Aptus Capital Advisors LLC increased its stake in Vanguard Russell 3000 ETF by 350.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 135 shares of the company’s stock worth $40,000 after acquiring an additional 105 shares during the period. Main Street Group LTD bought a new position in Vanguard Russell 3000 ETF during the 1st quarter worth $43,000. Franklin Resources Inc. acquired a new position in Vanguard Russell 3000 ETF in the 4th quarter valued at $74,000. Finally, Western Wealth Management LLC acquired a new position in Vanguard Russell 3000 ETF in the 1st quarter valued at $75,000.

Vanguard Russell 3000 ETF Company Profile

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.