Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 12-Month High – Should You Buy?

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $258.92 and last traded at $258.92, with a volume of 890 shares. The stock had previously closed at $258.67.

Vanguard Russell 3000 ETF Stock Performance

The company’s 50 day moving average is $248.39 and its 200 day moving average is $239.73. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.785 per share. 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 1.22%. This is a positive change from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Institutional investors have recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its stake in shares of Vanguard Russell 3000 ETF by 119.8% in the second quarter. Natixis Advisors LLC now owns 152,238 shares of the company’s stock valued at $36,476,000 after purchasing an additional 82,988 shares in the last quarter. SVB Wealth LLC raised its position in Vanguard Russell 3000 ETF by 94.1% in the first quarter. SVB Wealth LLC now owns 155,985 shares of the company’s stock worth $36,338,000 after purchasing an additional 75,623 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Vanguard Russell 3000 ETF by 486.0% during the second quarter. Envestnet Asset Management Inc. now owns 27,634 shares of the company’s stock worth $6,621,000 after purchasing an additional 22,918 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Vanguard Russell 3000 ETF during the second quarter valued at approximately $2,944,000. Finally, AQR Capital Management LLC bought a new stake in shares of Vanguard Russell 3000 ETF in the 2nd quarter valued at approximately $2,891,000.

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.