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

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Wednesday . 87,840 shares were traded during trading, an increase of 141% from the previous session’s volume of 36,473 shares.The stock last traded at $325.45 and had previously closed at $322.03.

Vanguard Russell 3000 ETF Stock Performance

The business has a 50 day moving average of $304.76 and a two-hundred day moving average of $302.82. The stock has a market capitalization of $4.47 billion, a PE ratio of 24.16 and a beta of 1.01.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.8557 dividend. This represents a $3.42 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC purchased a new stake in shares of Vanguard Russell 3000 ETF in the 1st quarter valued at about $75,000. Royal Bank of Canada grew its holdings in shares of Vanguard Russell 3000 ETF by 108.3% in the 1st quarter. Royal Bank of Canada now owns 19,182 shares of the company’s stock worth $5,516,000 after acquiring an additional 9,973 shares during the period. Pennington Partners & CO. LLC grew its holdings in Vanguard Russell 3000 ETF by 38.9% during the 1st quarter. Pennington Partners & CO. LLC now owns 63,762 shares of the company’s stock valued at $18,336,000 after buying an additional 17,870 shares during the last quarter. Lido Advisors LLC grew its holdings in Vanguard Russell 3000 ETF by 5.9% during the 1st quarter. Lido Advisors LLC now owns 12,126 shares of the company’s stock valued at $3,487,000 after buying an additional 675 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Vanguard Russell 3000 ETF by 4.2% during the 1st quarter. Cetera Investment Advisers now owns 25,446 shares of the company’s stock valued at $7,318,000 after buying an additional 1,023 shares during 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.