Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 1-Year High – Here’s Why

Vanguard Russell 1000 ETF (NASDAQ:VONE) shares reached a new 52-week high on Wednesday . The stock traded as high as $316.51 and last traded at $316.51, with a volume of 52755 shares changing hands. The stock had previously closed at $314.58.

Vanguard Russell 1000 ETF Stock Up 0.6%

The company has a market cap of $7.48 billion, a P/E ratio of 24.55 and a beta of 1.01. The company’s 50-day moving average is $305.32 and its two-hundred day moving average is $307.17.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.8739 per share. The ex-dividend date was Tuesday, March 24th. This is an increase from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. This represents a $3.50 annualized dividend and a yield of 1.1%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VONE. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vanguard Russell 1000 ETF during the 4th quarter valued at $42,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Russell 1000 ETF during the 3rd quarter valued at $47,000. Biltmore Family Office LLC purchased a new position in shares of Vanguard Russell 1000 ETF during the 4th quarter valued at $53,000. ORG Partners LLC lifted its position in shares of Vanguard Russell 1000 ETF by 19.9% during the 3rd quarter. ORG Partners LLC now owns 205 shares of the company’s stock valued at $62,000 after buying an additional 34 shares during the last quarter. Finally, Access Investment Management LLC purchased a new position in shares of Vanguard Russell 1000 ETF during the 3rd quarter valued at $75,000.

Vanguard Russell 1000 ETF Company Profile

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.