Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 12-Month High – Here’s Why

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $305.40 and last traded at $305.38, with a volume of 18036 shares traded. The stock had previously closed at $303.54.

Vanguard Russell 3000 ETF Price Performance

The stock has a market capitalization of $3.90 billion, a PE ratio of 24.16 and a beta of 1.02. The firm’s 50 day simple moving average is $299.55 and its 200 day simple moving average is $289.84.

Vanguard Russell 3000 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were paid a $0.893 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.57 annualized dividend and a yield of 1.2%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Coldstream Capital Management Inc. lifted its stake in shares of Vanguard Russell 3000 ETF by 2.9% in the 2nd quarter. Coldstream Capital Management Inc. now owns 1,368 shares of the company’s stock valued at $373,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Vanguard Russell 3000 ETF by 7.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 594 shares of the company’s stock worth $174,000 after purchasing an additional 43 shares during the period. First Financial Bank Trust Division lifted its position in Vanguard Russell 3000 ETF by 1.2% in the second quarter. First Financial Bank Trust Division now owns 3,788 shares of the company’s stock valued at $1,033,000 after purchasing an additional 46 shares during the last quarter. Howe & Rusling Inc. lifted its position in Vanguard Russell 3000 ETF by 18.9% in the third quarter. Howe & Rusling Inc. now owns 334 shares of the company’s stock valued at $98,000 after purchasing an additional 53 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Vanguard Russell 3000 ETF by 0.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 14,447 shares of the company’s stock valued at $3,940,000 after purchasing an additional 55 shares during the period.

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.