Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sets New 1-Year High – Here’s What Happened

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $343.42 and last traded at $342.27, with a volume of 1593 shares traded. The stock had previously closed at $340.75.

Vanguard Russell 3000 ETF Stock Performance

The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 24.16 and a beta of 1.01. The company has a 50 day moving average price of $330.36 and a 200 day moving average price of $315.38.

Vanguard Russell 3000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.8372 dividend. This represents a $3.35 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Several hedge funds and other institutional investors have recently modified their holdings of VTHR. Ameriprise Financial Inc. grew its position in Vanguard Russell 3000 ETF by 12.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock valued at $173,437,000 after purchasing an additional 63,729 shares during the period. Lincoln National Corp lifted its stake in shares of Vanguard Russell 3000 ETF by 1.0% in the first quarter. Lincoln National Corp now owns 462,641 shares of the company’s stock valued at $133,044,000 after buying an additional 4,681 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Russell 3000 ETF by 91.9% in the fourth quarter. Morgan Stanley now owns 436,121 shares of the company’s stock valued at $130,981,000 after buying an additional 208,822 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Vanguard Russell 3000 ETF by 2.9% during the fourth quarter. Focus Partners Wealth now owns 237,447 shares of the company’s stock valued at $70,045,000 after buying an additional 6,778 shares during the last quarter. Finally, Callan Family Office LLC acquired a new position in shares of Vanguard Russell 3000 ETF during the fourth quarter valued at about $68,720,000.

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.