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

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw strong trading volume on Thursday . Approximately 439,102 shares changed hands during trading, an increase of 328% from the previous session’s volume of 102,541 shares.The stock last traded at $337.64 and had previously closed at $334.97.

Vanguard Russell 1000 ETF Stock Performance

The firm has a market cap of $7.98 billion, a P/E ratio of 24.55 and a beta of 1.01. The stock’s 50-day moving average is $328.84 and its 200 day moving average is $315.61.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.8739 per share. This is an increase from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. The ex-dividend date was Tuesday, March 24th. This represents a $3.50 annualized dividend and a yield of 1.0%.

Institutional Investors Weigh In On Vanguard Russell 1000 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Apella Capital LLC lifted its holdings in shares of Vanguard Russell 1000 ETF by 12.0% in the fourth quarter. Apella Capital LLC now owns 285,228 shares of the company’s stock valued at $88,147,000 after purchasing an additional 30,645 shares in the last quarter. Choreo LLC lifted its stake in Vanguard Russell 1000 ETF by 5.6% in the 3rd quarter. Choreo LLC now owns 63,009 shares of the company’s stock valued at $19,051,000 after acquiring an additional 3,363 shares in the last quarter. 1900 Wealth Management LLC boosted its position in Vanguard Russell 1000 ETF by 4.4% during the 4th quarter. 1900 Wealth Management LLC now owns 71,887 shares of the company’s stock worth $22,216,000 after acquiring an additional 3,044 shares during the last quarter. Zhang Financial LLC grew its stake in shares of Vanguard Russell 1000 ETF by 22.1% during the 3rd quarter. Zhang Financial LLC now owns 18,916 shares of the company’s stock worth $5,719,000 after acquiring an additional 3,426 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 ETF in the fourth quarter valued at approximately $1,783,000.

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.