Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw unusually-strong trading volume on Thursday. 514,973 shares traded hands during trading, an increase of 406% from the previous session’s volume of 101,717 shares. The stock last traded at $346.1780 and had previously closed at $349.28.

Vanguard Russell 1000 ETF Stock Performance

The business’s 50-day moving average price is $347.17 and its 200 day moving average price is $338.23. The company has a market cap of $8.92 billion, a P/E ratio of 24.55 and a beta of 1.01.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VONE. Farmers & Merchants Investments Inc. acquired a new stake in Vanguard Russell 1000 ETF during the 3rd quarter worth about $34,000. Ascentis Independent Advisors bought a new position in shares of Vanguard Russell 1000 ETF in the first quarter valued at $33,000. Bartlett & CO. Wealth Management LLC acquired a new position in Vanguard Russell 1000 ETF during the 1st quarter valued at about $41,000. Root Financial Partners LLC purchased a new stake in Vanguard Russell 1000 ETF in the 3rd quarter valued at $54,000. Finally, Western Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 ETF during the first quarter valued at about $57,000.

Vanguard Russell 1000 ETF Company Profile

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.