Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw unusually-strong trading volume on Tuesday. 220,980 shares were traded during trading, an increase of 113% from the average daily volume of 103,951 shares. The stock last traded at $341.5790 and had previously closed at $340.31.

Vanguard Russell 1000 ETF Stock Up 0.6%

The firm’s 50 day simple moving average is $346.85 and its two-hundred day simple moving average is $329.89. The stock has a market capitalization of $8.89 billion, a P/E ratio of 24.55 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VONE. Apella Capital LLC grew its holdings in Vanguard Russell 1000 ETF by 31.8% during the third quarter. Apella Capital LLC now owns 473,977 shares of the company’s stock valued at $166,309,000 after purchasing an additional 114,462 shares during the period. Aprio Wealth Management LLC bought a new stake in Vanguard Russell 1000 ETF during the 3rd quarter worth approximately $32,016,000. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Vanguard Russell 1000 ETF in the third quarter worth $13,981,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of Vanguard Russell 1000 ETF in the third quarter worth $10,267,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Russell 1000 ETF in the third quarter worth $9,153,000.

Vanguard Russell 1000 ETF Company Profile

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.