Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw unusually-strong trading volume on Friday . Approximately 85,773 shares traded hands during mid-day trading, an increase of 77% from the previous session’s volume of 48,364 shares.The stock last traded at $306.18 and had previously closed at $306.40.

Vanguard Russell 3000 ETF Price Performance

The company has a fifty day moving average price of $300.76 and a 200 day moving average price of $292.03. The stock has a market cap of $4.07 billion, a P/E ratio of 24.16 and a beta of 1.02.

Vanguard Russell 3000 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.893 per share. The ex-dividend date was Monday, December 22nd. This represents a $3.57 annualized dividend and a yield of 1.2%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Fund Evaluation Group LLC acquired a new stake in shares of Vanguard Russell 3000 ETF in the 2nd quarter worth about $37,934,000. Ameriprise Financial Inc. increased its holdings in Vanguard Russell 3000 ETF by 12.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock worth $173,437,000 after purchasing an additional 63,729 shares in the last quarter. Tompkins Financial Corp raised its stake in shares of Vanguard Russell 3000 ETF by 25.7% in the third quarter. Tompkins Financial Corp now owns 276,690 shares of the company’s stock worth $81,435,000 after purchasing an additional 56,625 shares during the last quarter. Evensky & Katz LLC lifted its holdings in shares of Vanguard Russell 3000 ETF by 429.4% in the second quarter. Evensky & Katz LLC now owns 44,464 shares of the company’s stock valued at $12,128,000 after purchasing an additional 36,065 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Russell 3000 ETF by 141.5% in the first quarter. Goldman Sachs Group Inc. now owns 53,859 shares of the company’s stock valued at $13,290,000 after purchasing an additional 31,553 shares in the last quarter.

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.