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

Vanguard Russell 1000 ETF (NASDAQ:VONEGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $339.87 and last traded at $339.29, with a volume of 33032 shares traded. The stock had previously closed at $338.55.

Vanguard Russell 1000 ETF Trading Up 0.6%

The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The firm has a fifty day moving average price of $316.42 and a 200 day moving average price of $312.04.

Vanguard Russell 1000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.8739 dividend. This represents a $3.50 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 24th. This is an increase from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Access Investment Management LLC boosted its holdings in shares of Vanguard Russell 1000 ETF by 522.2% in the 1st quarter. Access Investment Management LLC now owns 1,543 shares of the company’s stock worth $455,000 after acquiring an additional 1,295 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 ETF in the 1st quarter worth approximately $57,000. Royal Bank of Canada boosted its holdings in shares of Vanguard Russell 1000 ETF by 3.2% in the 1st quarter. Royal Bank of Canada now owns 30,691 shares of the company’s stock worth $9,058,000 after acquiring an additional 966 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Vanguard Russell 1000 ETF by 60.8% in the 1st quarter. Quantinno Capital Management LP now owns 1,190 shares of the company’s stock worth $351,000 after acquiring an additional 450 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Vanguard Russell 1000 ETF by 5.0% during the 1st quarter. Cetera Investment Advisers now owns 98,852 shares of the company’s stock worth $29,173,000 after buying an additional 4,702 shares in the last quarter.

About Vanguard Russell 1000 ETF

(Get Free Report)

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.

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