Vanguard Russell 1000 ETF (NASDAQ:VONE) Hits New 12-Month High – Still a Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $312.44 and last traded at $312.2150, with a volume of 37354 shares traded. The stock had previously closed at $311.51.

Vanguard Russell 1000 ETF Price Performance

The firm has a market cap of $7.06 billion, a P/E ratio of 24.55 and a beta of 1.02. The company has a fifty day moving average of $305.83 and a 200-day moving average of $293.48.

Vanguard Russell 1000 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a dividend of $0.8463 per share. This represents a $3.39 annualized dividend and a yield of 1.1%. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.78. The ex-dividend date was Wednesday, September 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Hedge funds have recently modified their holdings of the company. ORG Partners LLC lifted its stake in Vanguard Russell 1000 ETF by 19.9% in the third quarter. ORG Partners LLC now owns 205 shares of the company’s stock worth $62,000 after acquiring an additional 34 shares during the period. Betterment LLC raised its holdings in Vanguard Russell 1000 ETF by 1.4% in the 3rd quarter. Betterment LLC now owns 2,499 shares of the company’s stock worth $756,000 after purchasing an additional 35 shares in the last quarter. Midwest Trust Co raised its holdings 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 worth $845,000 after purchasing an additional 36 shares in the last quarter. Endowment Wealth Management Inc. lifted its position in shares of Vanguard Russell 1000 ETF by 0.4% in the 3rd quarter. Endowment Wealth Management Inc. now owns 9,747 shares of the company’s stock worth $2,947,000 after purchasing an additional 37 shares during the period. Finally, Becker Capital Management Inc. boosted its stake in shares of Vanguard Russell 1000 ETF by 1.2% during the 2nd quarter. Becker Capital Management Inc. now owns 3,480 shares of the company’s stock valued at $977,000 after purchasing an additional 40 shares in the last quarter.

Vanguard Russell 1000 ETF Company 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.