Vanguard Russell 1000 ETF (NASDAQ:VONE) Sets New 52-Week High – Here’s What Happened

Vanguard Russell 1000 ETF (NASDAQ:VONE)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $284.24 and last traded at $284.20, with a volume of 6438 shares traded. The stock had previously closed at $282.03.

Vanguard Russell 1000 ETF Price Performance

The stock has a market cap of $6.08 billion, a price-to-earnings ratio of 24.55 and a beta of 1.02. The business’s fifty day simple moving average is $268.82 and its 200 day simple moving average is $264.41.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were issued a $0.7828 dividend. This represents a $3.13 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend was Friday, June 20th.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Modern Wealth Management LLC boosted its holdings in Vanguard Russell 1000 ETF by 0.6% in the first quarter. Modern Wealth Management LLC now owns 96,419 shares of the company’s stock worth $24,477,000 after purchasing an additional 598 shares during the period. Strategic Financial Services Inc. boosted its holdings in shares of Vanguard Russell 1000 ETF by 35.3% during the first quarter. Strategic Financial Services Inc. now owns 1,150 shares of the company’s stock valued at $292,000 after acquiring an additional 300 shares during the period. SageView Advisory Group LLC boosted its holdings in shares of Vanguard Russell 1000 ETF by 21.7% during the first quarter. SageView Advisory Group LLC now owns 1,658 shares of the company’s stock valued at $421,000 after acquiring an additional 296 shares during the period. Arete Wealth Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 ETF by 27.5% during the first quarter. Arete Wealth Advisors LLC now owns 19,750 shares of the company’s stock valued at $5,014,000 after acquiring an additional 4,264 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Russell 1000 ETF by 294.0% during the first quarter. Jones Financial Companies Lllp now owns 77,868 shares of the company’s stock valued at $19,768,000 after acquiring an additional 58,104 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.