Navigate Wealth Management LLC Invests $8.48 Million in Vanguard Russell 1000 ETF $VONE

Navigate Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,584 shares of the company’s stock, valued at approximately $8,484,000. Vanguard Russell 1000 ETF accounts for about 6.0% of Navigate Wealth Management LLC’s holdings, making the stock its 5th largest holding. Navigate Wealth Management LLC owned about 0.11% of Vanguard Russell 1000 ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new position in Vanguard Russell 1000 ETF in the first quarter worth approximately $33,000. Kohmann Bosshard Financial Services LLC acquired a new position in Vanguard Russell 1000 ETF in the fourth quarter valued at $42,000. Biltmore Family Office LLC acquired a new stake in shares of Vanguard Russell 1000 ETF in the 4th quarter valued at about $53,000. Cooksen Wealth LLC acquired a new stake in shares of Vanguard Russell 1000 ETF in the second quarter valued at approximately $78,000. Finally, Franklin Resources Inc. purchased a new position in shares of Vanguard Russell 1000 ETF during the second quarter worth approximately $98,000.

Vanguard Russell 1000 ETF Price Performance

VONE stock opened at $341.57 on Monday. The company has a fifty day moving average price of $335.79 and a 200 day moving average price of $318.89. Vanguard Russell 1000 ETF has a 12 month low of $280.96 and a 12 month high of $343.25. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.8643 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.46 dividend on an annualized basis and a yield of 1.0%.

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.