Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Unusually-High Trading Volume – What’s Next?

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw unusually-strong trading volume on Friday . 221,435 shares changed hands during mid-day trading, an increase of 119% from the previous session’s volume of 101,149 shares.The stock last traded at $337.77 and had previously closed at $339.77.

Vanguard Russell 1000 ETF Stock Down 0.9%

The stock’s fifty day moving average price is $336.81 and its 200 day moving average price is $319.80. The stock has a market cap of $8.24 billion, a PE ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.8643 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.46 annualized dividend and a yield of 1.0%.

Institutional Trading of Vanguard Russell 1000 ETF

Several institutional investors have recently added to or reduced their stakes in the business. Apella Capital LLC increased its position in Vanguard Russell 1000 ETF by 12.0% during the fourth quarter. Apella Capital LLC now owns 285,228 shares of the company’s stock valued at $88,147,000 after acquiring an additional 30,645 shares during the last quarter. 1900 Wealth Management LLC boosted its position in Vanguard Russell 1000 ETF by 4.4% in the fourth quarter. 1900 Wealth Management LLC now owns 71,887 shares of the company’s stock worth $22,216,000 after purchasing an additional 3,044 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in Vanguard Russell 1000 ETF in the fourth quarter worth about $1,783,000. World Investment Advisors bought a new stake in shares of Vanguard Russell 1000 ETF during the 4th quarter valued at about $532,000. Finally, MGO One Seven LLC bought a new stake in shares of Vanguard Russell 1000 ETF during the 4th quarter valued at about $2,217,000.

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.