Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 12-Month High – Here’s What Happened

Vanguard Russell 1000 ETF (NASDAQ:VONE) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $334.12 and last traded at $333.34, with a volume of 63527 shares changing hands. The stock had previously closed at $332.81.

Vanguard Russell 1000 ETF Stock Up 0.2%

The firm has a market cap of $7.87 billion, a PE ratio of 24.55 and a beta of 1.01. The firm’s 50 day moving average is $309.66 and its 200-day moving average is $309.73.

Vanguard Russell 1000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a dividend of $0.8739 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. This represents a $3.50 annualized dividend and a dividend yield of 1.0%.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors purchased a new position in shares of Vanguard Russell 1000 ETF during the first quarter valued at approximately $33,000. Bartlett & CO. Wealth Management LLC purchased a new position in Vanguard Russell 1000 ETF during the first quarter worth approximately $41,000. Kohmann Bosshard Financial Services LLC purchased a new position in Vanguard Russell 1000 ETF during the fourth quarter worth approximately $42,000. Root Financial Partners LLC purchased a new position in Vanguard Russell 1000 ETF during the third quarter worth approximately $47,000. Finally, Biltmore Family Office LLC purchased a new position in Vanguard Russell 1000 ETF during the fourth quarter worth approximately $53,000.

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.