Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Large Volume Increase – Time to Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares saw unusually-high trading volume on Wednesday . Approximately 55,950 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 38,355 shares.The stock last traded at $304.34 and had previously closed at $303.63.

Vanguard Russell 3000 ETF Price Performance

The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 24.16 and a beta of 1.02. The company’s fifty day moving average price is $298.39 and its 200-day moving average price is $287.44.

Vanguard Russell 3000 ETF Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Monday, December 22nd will be given a $0.893 dividend. The ex-dividend date is Monday, December 22nd. This represents a $3.57 dividend on an annualized basis and a yield of 1.2%.

Institutional Trading of Vanguard Russell 3000 ETF

Several institutional investors and hedge funds have recently bought and sold shares of VTHR. Raymond James Financial Inc. boosted its holdings in shares of Vanguard Russell 3000 ETF by 8.0% in the 1st quarter. Raymond James Financial Inc. now owns 79,009 shares of the company’s stock valued at $19,496,000 after acquiring an additional 5,852 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Vanguard Russell 3000 ETF by 4.4% during the first quarter. Kestra Advisory Services LLC now owns 7,890 shares of the company’s stock worth $1,947,000 after purchasing an additional 333 shares during the last quarter. Comerica Bank lifted its position in Vanguard Russell 3000 ETF by 3.2% during the first quarter. Comerica Bank now owns 2,133 shares of the company’s stock valued at $526,000 after purchasing an additional 66 shares during the period. Ieq Capital LLC boosted its holdings in Vanguard Russell 3000 ETF by 28.5% in the first quarter. Ieq Capital LLC now owns 27,216 shares of the company’s stock valued at $6,716,000 after purchasing an additional 6,039 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in Vanguard Russell 3000 ETF in the first quarter valued at $484,000.

About Vanguard Russell 3000 ETF

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.