VCI Wealth Management LLC Makes New $2.67 Million Investment in Vanguard Russell 1000 (NASDAQ:VONE)

VCI Wealth Management LLC purchased a new position in shares of Vanguard Russell 1000 (NASDAQ:VONE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,284 shares of the company’s stock, valued at approximately $2,665,000. Vanguard Russell 1000 makes up about 1.6% of VCI Wealth Management LLC’s holdings, making the stock its 15th biggest position. VCI Wealth Management LLC owned about 0.06% of Vanguard Russell 1000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. West Branch Capital LLC acquired a new position in shares of Vanguard Russell 1000 in the 4th quarter worth approximately $39,000. Huntington National Bank grew its stake in shares of Vanguard Russell 1000 by 20,400.0% in the 3rd quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $40,000 after purchasing an additional 204 shares during the last quarter. Castleview Partners LLC acquired a new position in shares of Vanguard Russell 1000 in the 3rd quarter worth approximately $49,000. IFP Advisors Inc grew its stake in shares of Vanguard Russell 1000 by 17.7% in the 3rd quarter. IFP Advisors Inc now owns 512 shares of the company’s stock worth $100,000 after purchasing an additional 77 shares during the last quarter. Finally, Red Tortoise LLC grew its stake in shares of Vanguard Russell 1000 by 102.7% in the 3rd quarter. Red Tortoise LLC now owns 993 shares of the company’s stock worth $193,000 after purchasing an additional 503 shares during the last quarter.

Vanguard Russell 1000 Price Performance

Shares of VONE traded down $0.97 during mid-day trading on Thursday, hitting $228.99. The company’s stock had a trading volume of 61,799 shares, compared to its average volume of 70,065. The firm has a 50-day moving average price of $232.79 and a 200 day moving average price of $217.70. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 24.83 and a beta of 1.02. Vanguard Russell 1000 has a fifty-two week low of $183.23 and a fifty-two week high of $238.89.

Vanguard Russell 1000 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a $0.715 dividend. This represents a $2.86 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, March 21st.

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.