Red Cedar Investment Management LLC Cuts Position in Vanguard Russell 1000 ETF $VONE

Red Cedar Investment Management LLC lowered its position in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 531,951 shares of the company’s stock after selling 9,674 shares during the quarter. Vanguard Russell 1000 ETF accounts for 17.8% of Red Cedar Investment Management LLC’s holdings, making the stock its biggest position. Red Cedar Investment Management LLC owned approximately 2.22% of Vanguard Russell 1000 ETF worth $164,394,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VONE. Kingsview Wealth Management LLC boosted its holdings in Vanguard Russell 1000 ETF by 2.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,451 shares of the company’s stock worth $448,000 after purchasing an additional 34 shares during the last quarter. Betterment LLC increased its stake in Vanguard Russell 1000 ETF by 1.4% in the 3rd quarter. Betterment LLC now owns 2,499 shares of the company’s stock valued at $756,000 after buying an additional 35 shares during the last quarter. Midwest Trust Co increased its stake in Vanguard Russell 1000 ETF by 1.3% in the 3rd quarter. Midwest Trust Co now owns 2,796 shares of the company’s stock valued at $845,000 after buying an additional 36 shares during the last quarter. Endowment Wealth Management Inc. lifted its position in Vanguard Russell 1000 ETF by 0.4% during the 3rd quarter. Endowment Wealth Management Inc. now owns 9,747 shares of the company’s stock worth $2,947,000 after buying an additional 37 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in Vanguard Russell 1000 ETF by 1.2% during the 3rd quarter. Private Advisor Group LLC now owns 3,771 shares of the company’s stock worth $1,140,000 after buying an additional 45 shares in the last quarter.

Vanguard Russell 1000 ETF Price Performance

Shares of NASDAQ VONE opened at $333.37 on Wednesday. The stock has a market capitalization of $7.87 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The business has a 50-day moving average of $324.02 and a 200-day moving average of $314.23. Vanguard Russell 1000 ETF has a fifty-two week low of $269.08 and a fifty-two week high of $343.25.

Vanguard Russell 1000 ETF Increases Dividend

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

Vanguard Russell 1000 ETF 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.