Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares saw an uptick in trading volume on Tuesday . 43,595 shares changed hands during mid-day trading, an increase of 14% from the previous session’s volume of 38,241 shares.The stock last traded at $314.36 and had previously closed at $315.78.

Vanguard Russell 3000 ETF Stock Down 0.6%

The stock has a market capitalization of $4.31 billion, a PE ratio of 24.16 and a beta of 1.01. The company has a 50-day moving average of $299.36 and a 200 day moving average of $300.26.

Vanguard Russell 3000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.8557 per share. This represents a $3.42 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 24th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its position in shares of Vanguard Russell 3000 ETF by 7.8% during 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 last quarter. Blair William & Co. IL increased its holdings in Vanguard Russell 3000 ETF by 18.2% in the fourth quarter. Blair William & Co. IL now owns 325 shares of the company’s stock valued at $98,000 after buying an additional 50 shares during the last quarter. Howe & Rusling Inc. increased its holdings 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 buying an additional 53 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in Vanguard Russell 3000 ETF by 0.9% during the 3rd quarter. Investment Advisory Group LLC now owns 6,033 shares of the company’s stock worth $1,776,000 after buying an additional 55 shares during the last quarter. Finally, Sonata Capital Group Inc. lifted its holdings in Vanguard Russell 3000 ETF by 7.1% during the 4th quarter. Sonata Capital Group Inc. now owns 910 shares of the company’s stock worth $273,000 after buying an additional 60 shares during the last quarter.

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.