Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw strong trading volume on Friday . 396,154 shares traded hands during mid-day trading, an increase of 261% from the previous session’s volume of 109,868 shares.The stock last traded at $308.65 and had previously closed at $308.78.

Vanguard Russell 1000 ETF Stock Performance

The stock has a market cap of $7.41 billion, a P/E ratio of 24.55 and a beta of 1.02. The firm has a 50 day moving average of $311.81 and a two-hundred day moving average of $303.84.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Several large investors have recently bought and sold shares of the stock. Compass Wealth Management LLC increased its position in shares of Vanguard Russell 1000 ETF by 1,798.8% during the 3rd quarter. Compass Wealth Management LLC now owns 59,337 shares of the company’s stock worth $17,941,000 after purchasing an additional 56,212 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in Vanguard Russell 1000 ETF during the third quarter worth about $834,000. Sovereign Financial Group Inc. acquired a new stake in shares of Vanguard Russell 1000 ETF during the third quarter worth approximately $520,000. Formulate Financial LLC acquired a new stake in shares of Vanguard Russell 1000 ETF during the third quarter worth approximately $2,196,000. Finally, Apella Capital LLC raised its stake in shares of Vanguard Russell 1000 ETF by 21.6% in the third quarter. Apella Capital LLC now owns 254,583 shares of the company’s stock valued at $76,334,000 after acquiring an additional 45,223 shares during the last quarter.

About Vanguard Russell 1000 ETF

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.