Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Strong Trading Volume After Dividend Announcement

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Thursday after the company announced a dividend. 78,268 shares were traded during mid-day trading, an increase of 107% from the previous session’s volume of 37,829 shares.The stock last traded at $300.12 and had previously closed at $296.41.

The newly announced dividend which will be paid on Wednesday, December 24th. Investors of record on Monday, December 22nd will be given a $0.893 dividend. The ex-dividend date of this dividend is Monday, December 22nd.

Vanguard Russell 3000 ETF Stock Up 0.9%

The firm has a market cap of $3.74 billion, a P/E ratio of 24.16 and a beta of 1.02. The company’s 50 day simple moving average is $297.98 and its 200-day simple moving average is $286.56.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Russell 3000 ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock valued at $173,437,000 after purchasing an additional 63,729 shares during the period. Lincoln National Corp boosted its holdings in Vanguard Russell 3000 ETF by 1.4% in the 2nd quarter. Lincoln National Corp now owns 466,325 shares of the company’s stock valued at $127,190,000 after purchasing an additional 6,527 shares during the last quarter. Tompkins Financial Corp grew its stake in shares of Vanguard Russell 3000 ETF by 25.7% in the 3rd quarter. Tompkins Financial Corp now owns 276,690 shares of the company’s stock valued at $81,435,000 after buying an additional 56,625 shares during the period. Focus Partners Wealth increased its holdings in shares of Vanguard Russell 3000 ETF by 2.7% during the 3rd quarter. Focus Partners Wealth now owns 230,669 shares of the company’s stock worth $67,890,000 after buying an additional 5,983 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of Vanguard Russell 3000 ETF by 658,835.3% during the 1st quarter. Jones Financial Companies Lllp now owns 224,038 shares of the company’s stock valued at $55,284,000 after buying an additional 224,004 shares during the period.

Vanguard Russell 3000 ETF Company Profile

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.