Vanguard Russell 1000 (NASDAQ:VONE) Sees Large Volume Increase

Shares of Vanguard Russell 1000 (NASDAQ:VONE) saw strong trading volume on Wednesday . 17,111 shares traded hands during trading, a decline of 73% from the previous session’s volume of 64,074 shares.The stock last traded at $251.57 and had previously closed at $250.86.

Vanguard Russell 1000 Stock Performance

The firm’s fifty day simple moving average is $242.13 and its 200-day simple moving average is $232.57. The stock has a market cap of $5.04 billion, a P/E ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were paid a $0.814 dividend. The ex-dividend date was Thursday, June 27th. This represents a $3.26 annualized dividend and a dividend yield of 1.29%. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.72.

Institutional Trading of Vanguard Russell 1000

Several hedge funds have recently modified their holdings of VONE. Cerity Partners LLC increased its stake in Vanguard Russell 1000 by 2.1% during the 4th quarter. Cerity Partners LLC now owns 312,346 shares of the company’s stock valued at $67,761,000 after purchasing an additional 6,410 shares in the last quarter. Stifel Financial Corp increased its stake in Vanguard Russell 1000 by 23.2% during the 4th quarter. Stifel Financial Corp now owns 231,041 shares of the company’s stock valued at $50,125,000 after purchasing an additional 43,513 shares in the last quarter. UBS Group AG increased its stake in Vanguard Russell 1000 by 9.0% during the 4th quarter. UBS Group AG now owns 629,237 shares of the company’s stock valued at $136,507,000 after purchasing an additional 51,770 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Vanguard Russell 1000 by 21.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 298,934 shares of the company’s stock valued at $64,851,000 after purchasing an additional 52,943 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA increased its stake in Vanguard Russell 1000 by 179.5% during the 4th quarter. Spectrum Asset Management Inc. NB CA now owns 37,270 shares of the company’s stock valued at $8,085,000 after purchasing an additional 23,936 shares in the last quarter.

About Vanguard Russell 1000

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.