Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – What’s Next?

Vanguard Russell 3000 ETF (NASDAQ:VTHR)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $314.96 and last traded at $312.71, with a volume of 6290 shares. The stock had previously closed at $313.56.

Vanguard Russell 3000 ETF Stock Down 0.4%

The firm has a market capitalization of $4.30 billion, a P/E ratio of 24.16 and a beta of 1.01. The company has a fifty day simple moving average of $298.55 and a 200 day simple moving average of $299.85.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.8557 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VTHR. Callan Family Office LLC bought a new position in shares of Vanguard Russell 3000 ETF during the fourth quarter valued at $68,720,000. Morgan Stanley lifted its holdings in shares of Vanguard Russell 3000 ETF by 91.9% during the fourth quarter. Morgan Stanley now owns 436,121 shares of the company’s stock valued at $130,981,000 after purchasing an additional 208,822 shares in the last quarter. John S. & James L. Knight Foundation Inc. bought a new position in shares of Vanguard Russell 3000 ETF during the fourth quarter valued at $46,175,000. OpenArc Corporate Advisory LLC bought a new position in shares of Vanguard Russell 3000 ETF during the fourth quarter valued at $20,010,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Russell 3000 ETF by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock valued at $173,437,000 after purchasing an additional 63,729 shares in the last quarter.

Vanguard Russell 3000 ETF Company Profile

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.