Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Large Volume Increase – Time to Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) saw strong trading volume on Friday . Approximately 221,435 shares changed hands during mid-day trading, an increase of 119% from the previous session’s volume of 101,149 shares.The stock last traded at $337.77 and had previously closed at $339.77.

Vanguard Russell 1000 ETF Stock Down 0.5%

The company has a market cap of $8.28 billion, a PE ratio of 24.55 and a beta of 1.01. The firm has a 50 day simple moving average of $336.74 and a 200-day simple moving average of $319.68.

Vanguard Russell 1000 ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Several hedge funds have recently modified their holdings of VONE. Keybank National Association OH grew its holdings in shares of Vanguard Russell 1000 ETF by 86.2% during the fourth quarter. Keybank National Association OH now owns 119,094 shares of the company’s stock valued at $36,805,000 after buying an additional 55,117 shares during the last quarter. Apella Capital LLC lifted its position in Vanguard Russell 1000 ETF by 15.9% during the 1st quarter. Apella Capital LLC now owns 330,603 shares of the company’s stock worth $106,380,000 after acquiring an additional 45,375 shares during the period. Goldman Sachs Group Inc. grew its stake in Vanguard Russell 1000 ETF by 70.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 109,285 shares of the company’s stock valued at $33,773,000 after purchasing an additional 45,115 shares during the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Russell 1000 ETF by 3.1% in the fourth quarter. Morgan Stanley now owns 1,201,654 shares of the company’s stock valued at $371,360,000 after purchasing an additional 36,686 shares during the period. Finally, UBS Group AG increased its holdings in shares of Vanguard Russell 1000 ETF by 3.9% in the fourth quarter. UBS Group AG now owns 792,987 shares of the company’s stock valued at $245,065,000 after purchasing an additional 29,875 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.