Red Cedar Investment Management LLC Reduces Position in Vanguard Russell 1000 ETF $VONE

Red Cedar Investment Management LLC trimmed its holdings in Vanguard Russell 1000 ETF (NASDAQ:VONE) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 531,951 shares of the company’s stock after selling 9,674 shares during the period. Vanguard Russell 1000 ETF accounts for about 17.8% of Red Cedar Investment Management LLC’s portfolio, making the stock its biggest holding. Red Cedar Investment Management LLC’s holdings in Vanguard Russell 1000 ETF were worth $164,394,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC raised its stake in Vanguard Russell 1000 ETF by 46.5% in the 1st quarter. AQR Capital Management LLC now owns 13,611 shares of the company’s stock valued at $3,455,000 after acquiring an additional 4,321 shares during the period. Franklin Resources Inc. bought a new position in Vanguard Russell 1000 ETF during the second quarter worth $98,000. CW Advisors LLC bought a new position in Vanguard Russell 1000 ETF during the second quarter worth $258,000. Qube Research & Technologies Ltd increased its holdings in shares of Vanguard Russell 1000 ETF by 24.1% in the second quarter. Qube Research & Technologies Ltd now owns 392 shares of the company’s stock valued at $110,000 after purchasing an additional 76 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Vanguard Russell 1000 ETF by 4.6% in the second quarter. NewEdge Advisors LLC now owns 8,983 shares of the company’s stock valued at $2,523,000 after purchasing an additional 393 shares during the last quarter.

Vanguard Russell 1000 ETF Stock Performance

NASDAQ VONE opened at $333.37 on Wednesday. The firm has a 50-day moving average of $324.02 and a 200-day moving average of $314.23. The stock has a market cap of $7.87 billion, a PE ratio of 24.55 and a beta of 1.01. Vanguard Russell 1000 ETF has a 52-week low of $269.08 and a 52-week high of $343.25.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.8739 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $3.50 annualized dividend and a yield of 1.0%. This is an increase from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87.

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.