Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – Here’s Why

Vanguard Russell 3000 ETF (NASDAQ:VTHR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $307.90 and last traded at $307.58, with a volume of 20012 shares. The stock had previously closed at $306.51.

Vanguard Russell 3000 ETF Stock Performance

The firm has a market cap of $4.09 billion, a PE ratio of 24.16 and a beta of 1.02. The company’s 50-day simple moving average is $301.59 and its two-hundred day simple moving average is $293.39.

Vanguard Russell 3000 ETF Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in shares of Vanguard Russell 3000 ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 11,335 shares of the company’s stock worth $2,798,000 after purchasing an additional 885 shares during the period. NewEdge Advisors LLC raised its stake in Vanguard Russell 3000 ETF by 364.2% in the first quarter. NewEdge Advisors LLC now owns 3,927 shares of the company’s stock worth $969,000 after buying an additional 3,081 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in 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 worth $13,290,000 after buying an additional 31,553 shares during the period. Cooper Financial Group purchased a new position in shares of Vanguard Russell 3000 ETF during the 2nd quarter worth approximately $401,000. Finally, BSW Wealth Partners purchased a new position in shares of Vanguard Russell 3000 ETF in the 2nd quarter valued at approximately $210,000.

Vanguard Russell 3000 ETF Company Profile

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.