Vanguard Russell 1000 (NASDAQ:VONE) Hits New 12-Month High – Here’s Why

Vanguard Russell 1000 (NASDAQ:VONE) shares reached a new 52-week high on Monday . The stock traded as high as $274.36 and last traded at $274.36, with a volume of 2518 shares trading hands. The stock had previously closed at $272.04.

Vanguard Russell 1000 Stock Performance

The stock has a market cap of $5.43 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. The firm’s 50-day simple moving average is $263.17 and its two-hundred day simple moving average is $252.25.

Vanguard Russell 1000 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.824 dividend. This represents a $3.30 annualized dividend and a yield of 1.21%. The ex-dividend date was Thursday, September 26th. This is a boost from Vanguard Russell 1000’s previous quarterly dividend of $0.81.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Peoples Bank KS bought a new position in shares of Vanguard Russell 1000 in the 3rd quarter valued at about $34,000. Venturi Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 in the 3rd quarter valued at about $50,000. Avior Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 in the 3rd quarter valued at about $91,000. DT Investment Partners LLC bought a new position in shares of Vanguard Russell 1000 in the 3rd quarter valued at about $124,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Vanguard Russell 1000 in the 2nd quarter valued at about $143,000.

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.