Francis Financial Inc. Invests $4.51 Million in Vanguard Russell 1000 ETF $VONE

Francis Financial Inc. purchased a new stake in Vanguard Russell 1000 ETF (NASDAQ:VONE) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 16,051 shares of the company’s stock, valued at approximately $4,508,000. Vanguard Russell 1000 ETF makes up about 1.0% of Francis Financial Inc.’s investment portfolio, making the stock its 18th biggest holding.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in Vanguard Russell 1000 ETF by 106.0% during the second quarter. Bank of New York Mellon Corp now owns 520,090 shares of the company’s stock worth $146,072,000 after purchasing an additional 267,630 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Russell 1000 ETF by 14.9% in the second quarter. Envestnet Asset Management Inc. now owns 279,250 shares of the company’s stock worth $78,430,000 after acquiring an additional 36,125 shares during the last quarter. Bank of Montreal Can raised its holdings in Vanguard Russell 1000 ETF by 3,660.4% in the 2nd quarter. Bank of Montreal Can now owns 216,413 shares of the company’s stock valued at $60,782,000 after acquiring an additional 210,658 shares during the last quarter. Apella Capital LLC increased its position in Vanguard Russell 1000 ETF by 66.2% during the second quarter. Apella Capital LLC now owns 209,360 shares of the company’s stock worth $59,113,000 after purchasing an additional 83,361 shares during the last quarter. Finally, Sherrill & Hutchins Financial Advisory Inc raised its stake in Vanguard Russell 1000 ETF by 1.6% during the second quarter. Sherrill & Hutchins Financial Advisory Inc now owns 164,904 shares of the company’s stock worth $46,315,000 after purchasing an additional 2,532 shares during the period.

Vanguard Russell 1000 ETF Stock Up 0.1%

VONE stock opened at $309.62 on Thursday. The company has a market cap of $7.07 billion, a price-to-earnings ratio of 24.55 and a beta of 1.02. The business has a fifty day simple moving average of $303.14 and a 200-day simple moving average of $286.75. Vanguard Russell 1000 ETF has a 52 week low of $218.75 and a 52 week high of $312.44.

Vanguard Russell 1000 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.8463 per share. This is an increase from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.78. This represents a $3.39 annualized dividend and a yield of 1.1%. The ex-dividend date was Wednesday, September 24th.

Vanguard Russell 1000 ETF Company Profile

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.