Vanguard Russell 1000 (NASDAQ:VONE) Sees Unusually-High Trading Volume

Vanguard Russell 1000 (NASDAQ:VONE) shares saw strong trading volume on Friday . 198,322 shares traded hands during trading, an increase of 206% from the previous session’s volume of 64,732 shares.The stock last traded at $242.90 and had previously closed at $245.85.

Vanguard Russell 1000 Price Performance

The firm has a 50-day moving average price of $246.50 and a 200 day moving average price of $236.32. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a dividend of $0.814 per share. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.72. This represents a $3.26 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Trading of Vanguard Russell 1000

A number of hedge funds have recently made changes to their positions in VONE. Heartwood Wealth Advisors LLC acquired a new stake in Vanguard Russell 1000 in the 1st quarter valued at $30,520,000. Silver Lake Advisory LLC bought a new stake in Vanguard Russell 1000 in the 2nd quarter valued at about $25,526,000. Waverly Advisors LLC boosted its stake in Vanguard Russell 1000 by 24.3% in the 1st quarter. Waverly Advisors LLC now owns 350,980 shares of the company’s stock worth $83,645,000 after purchasing an additional 68,551 shares during the period. Hilltop Partners LLC grew its stake in Vanguard Russell 1000 by 30.8% during the first quarter. Hilltop Partners LLC now owns 276,617 shares of the company’s stock valued at $65,923,000 after acquiring an additional 65,215 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Vanguard Russell 1000 by 46.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 177,091 shares of the company’s stock worth $42,204,000 after buying an additional 55,879 shares in the last quarter.

Vanguard Russell 1000 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.