Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 1-Year High – Should You Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) reached a new 52-week high on Tuesday . The company traded as high as $315.85 and last traded at $315.55, with a volume of 30492 shares changing hands. The stock had previously closed at $314.24.

Vanguard Russell 1000 ETF Stock Performance

The company has a fifty day simple moving average of $310.76 and a 200 day simple moving average of $302.01. The stock has a market capitalization of $7.54 billion, a price-to-earnings ratio of 24.55 and a beta of 1.02.

Institutional Trading of Vanguard Russell 1000 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VONE. Compass Wealth Management LLC increased its stake in Vanguard Russell 1000 ETF by 1,798.8% during the 3rd quarter. Compass Wealth Management LLC now owns 59,337 shares of the company’s stock valued at $17,941,000 after purchasing an additional 56,212 shares in the last quarter. Sovereign Financial Group Inc. bought a new stake in Vanguard Russell 1000 ETF during the 3rd quarter worth approximately $520,000. Miracle Mile Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 ETF in the third quarter worth approximately $834,000. Formulate Financial LLC purchased a new stake in Vanguard Russell 1000 ETF in the 3rd quarter valued at $2,196,000. Finally, Apella Capital LLC raised its holdings in shares of Vanguard Russell 1000 ETF by 21.6% in the third quarter. Apella Capital LLC now owns 254,583 shares of the company’s stock valued at $76,334,000 after purchasing an additional 45,223 shares during the last quarter.

About Vanguard Russell 1000 ETF

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.