Precedent Wealth Partners LLC Purchases New Position in Vanguard Russell 1000 ETF (NASDAQ:VONE)

Precedent Wealth Partners LLC acquired a new stake in Vanguard Russell 1000 ETF (NASDAQ:VONE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,537 shares of the company’s stock, valued at approximately $1,659,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Endowment Wealth Management Inc. increased its position in shares of Vanguard Russell 1000 ETF by 0.5% in the fourth quarter. Endowment Wealth Management Inc. now owns 9,970 shares of the company’s stock valued at $2,659,000 after buying an additional 47 shares in the last quarter. Studio Investment Management LLC boosted its stake in shares of Vanguard Russell 1000 ETF by 0.4% in the fourth quarter. Studio Investment Management LLC now owns 15,676 shares of the company’s stock worth $4,181,000 after acquiring an additional 58 shares during the last quarter. Continuum Advisory LLC boosted its stake in shares of Vanguard Russell 1000 ETF by 1.6% in the fourth quarter. Continuum Advisory LLC now owns 4,258 shares of the company’s stock worth $1,136,000 after acquiring an additional 65 shares during the last quarter. PFW Advisors LLC boosted its stake in shares of Vanguard Russell 1000 ETF by 1.5% in the first quarter. PFW Advisors LLC now owns 5,463 shares of the company’s stock worth $1,387,000 after acquiring an additional 81 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Vanguard Russell 1000 ETF by 113.9% in the fourth quarter. Assetmark Inc. now owns 169 shares of the company’s stock worth $45,000 after acquiring an additional 90 shares during the last quarter.

Vanguard Russell 1000 ETF Price Performance

Shares of NASDAQ:VONE opened at $271.20 on Monday. The business’s 50 day moving average price is $257.78 and its 200-day moving average price is $264.07. The firm has a market capitalization of $5.65 billion, a PE ratio of 25.15 and a beta of 1.02. Vanguard Russell 1000 ETF has a 1 year low of $218.75 and a 1 year high of $279.48.

Vanguard Russell 1000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.7943 dividend. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Tuesday, March 25th.

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.