Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 52-Week High – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR)’s stock price hit a new 52-week high on Thursday . The company traded as high as $286.22 and last traded at $286.10, with a volume of 8506 shares. The stock had previously closed at $285.20.

Vanguard Russell 3000 ETF Stock Up 0.3%

The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 24.16 and a beta of 1.03. The company’s 50-day simple moving average is $277.35 and its 200-day simple moving average is $261.04.

Vanguard Russell 3000 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were issued a $0.7666 dividend. This represents a $3.07 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, June 20th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Several hedge funds have recently modified their holdings of VTHR. Stifel Financial Corp increased its stake in Vanguard Russell 3000 ETF by 62.2% in the 4th quarter. Stifel Financial Corp now owns 16,268 shares of the company’s stock worth $4,225,000 after purchasing an additional 6,240 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Vanguard Russell 3000 ETF in the fourth quarter worth approximately $225,000. Lido Advisors LLC increased its position in shares of Vanguard Russell 3000 ETF by 771.9% in the fourth quarter. Lido Advisors LLC now owns 12,434 shares of the company’s stock worth $3,230,000 after acquiring an additional 11,008 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Vanguard Russell 3000 ETF by 142.4% during the fourth quarter. AQR Capital Management LLC now owns 27,401 shares of the company’s stock valued at $7,117,000 after acquiring an additional 16,098 shares during the period. Finally, Comerica Bank purchased a new stake in shares of Vanguard Russell 3000 ETF in the 4th quarter valued at approximately $537,000.

About Vanguard Russell 3000 ETF

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.