Vanguard Russell 1000 (NASDAQ:VONE) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Russell 1000 (NASDAQ:VONE) saw unusually-high trading volume on Friday . Approximately 255,940 shares changed hands during trading, an increase of 248% from the previous session’s volume of 73,451 shares.The stock last traded at $232.05 and had previously closed at $244.05.

Vanguard Russell 1000 Price Performance

The business’s 50-day simple moving average is $265.28 and its 200-day simple moving average is $266.78. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 24.15 and a beta of 1.02.

Vanguard Russell 1000 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.7943 per share. The ex-dividend date was Tuesday, March 25th. This represents a $3.18 annualized dividend and a dividend yield of 1.38%.

Institutional Trading of Vanguard Russell 1000

Several institutional investors and hedge funds have recently made changes to their positions in VONE. Captrust Financial Advisors purchased a new stake in Vanguard Russell 1000 during the 3rd quarter worth about $406,000. IHT Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 during the 3rd quarter worth about $228,000. SageView Advisory Group LLC raised its position in shares of Vanguard Russell 1000 by 47.7% in the third quarter. SageView Advisory Group LLC now owns 1,362 shares of the company’s stock valued at $354,000 after buying an additional 440 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Vanguard Russell 1000 by 8.5% during the third quarter. Stifel Financial Corp now owns 328,295 shares of the company’s stock valued at $85,384,000 after buying an additional 25,606 shares during the period. Finally, Kovitz Investment Group Partners LLC purchased a new position in shares of Vanguard Russell 1000 during the third quarter valued at approximately $1,738,000.

About Vanguard Russell 1000

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.