Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Strong Trading Volume – Here’s Why

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw strong trading volume on Friday . 49,810 shares traded hands during trading, an increase of 25% from the previous session’s volume of 39,919 shares.The stock last traded at $296.94 and had previously closed at $301.22.

Vanguard Russell 3000 ETF Trading Down 1.1%

The firm has a market cap of $3.96 billion, a PE ratio of 24.16 and a beta of 1.02. The business has a fifty day moving average price of $304.19 and a 200 day moving average price of $298.02.

Vanguard Russell 3000 ETF Announces Dividend

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

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in shares of Vanguard Russell 3000 ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 11,335 shares of the company’s stock worth $2,798,000 after purchasing an additional 885 shares during the period. NewEdge Advisors LLC raised its position in Vanguard Russell 3000 ETF by 364.2% during the 1st quarter. NewEdge Advisors LLC now owns 3,927 shares of the company’s stock worth $969,000 after buying an additional 3,081 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Russell 3000 ETF by 141.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 53,859 shares of the company’s stock worth $13,290,000 after acquiring an additional 31,553 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Vanguard Russell 3000 ETF in the second quarter valued at about $7,990,000. Finally, Fund Evaluation Group LLC purchased a new stake in shares of Vanguard Russell 3000 ETF in the second quarter valued at about $37,934,000.

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.