Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 1-Year High – Here’s What Happened

Vanguard Russell 1000 ETF (NASDAQ:VONE) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $294.34 and last traded at $294.21, with a volume of 45688 shares trading hands. The stock had previously closed at $293.30.

Vanguard Russell 1000 ETF Stock Performance

The business’s fifty day moving average price is $286.79 and its 200-day moving average price is $268.99. The stock has a market cap of $6.63 billion, a PE ratio of 24.55 and a beta of 1.02.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a $0.7828 dividend. This represents a $3.13 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, June 20th.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Several institutional investors have recently made changes to their positions in VONE. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Russell 1000 ETF by 106.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 520,090 shares of the company’s stock worth $146,072,000 after purchasing an additional 267,630 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard Russell 1000 ETF by 63.9% in the 4th quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock worth $170,514,000 after purchasing an additional 249,163 shares during the period. Bank of Montreal Can lifted its stake in shares of Vanguard Russell 1000 ETF by 3,660.4% in the 2nd quarter. Bank of Montreal Can now owns 216,413 shares of the company’s stock worth $60,782,000 after purchasing an additional 210,658 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Vanguard Russell 1000 ETF by 776.6% in the 1st quarter. Baird Financial Group Inc. now owns 129,006 shares of the company’s stock worth $32,749,000 after purchasing an additional 114,289 shares during the period. Finally, Apella Capital LLC lifted its stake in shares of Vanguard Russell 1000 ETF by 262.5% in the 1st quarter. Apella Capital LLC now owns 125,999 shares of the company’s stock worth $31,015,000 after purchasing an additional 91,245 shares during the period.

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.