Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sets New 12-Month High – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR)’s stock price reached a new 52-week high on Monday . The company traded as high as $268.62 and last traded at $268.62, with a volume of 1384 shares trading hands. The stock had previously closed at $265.88.

Vanguard Russell 3000 ETF Price Performance

The stock has a market cap of $2.82 billion, a P/E ratio of 23.71 and a beta of 1.03. The firm’s 50 day moving average price is $257.26 and its 200-day moving average price is $246.43.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.785 dividend. This is a positive change from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 1.17%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Fairscale Capital LLC bought a new position in Vanguard Russell 3000 ETF during the 2nd quarter valued at about $735,000. AQR Capital Management LLC purchased a new stake in Vanguard Russell 3000 ETF in the second quarter worth approximately $2,891,000. International Assets Investment Management LLC bought a new stake in Vanguard Russell 3000 ETF in the 2nd quarter worth approximately $195,000. Thoroughbred Financial Services LLC purchased a new stake in Vanguard Russell 3000 ETF during the 2nd quarter valued at $307,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Russell 3000 ETF by 486.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 27,634 shares of the company’s stock worth $6,621,000 after buying an additional 22,918 shares during the last quarter.

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.