MAI Capital Management Boosts Stake in Vanguard Russell 1000 (NASDAQ:VONE)

MAI Capital Management raised its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 2.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 130,295 shares of the company’s stock after purchasing an additional 2,525 shares during the quarter. MAI Capital Management’s holdings in Vanguard Russell 1000 were worth $33,886,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Russell 1000 by 2.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,160 shares of the company’s stock worth $1,082,000 after acquiring an additional 84 shares during the last quarter. Endowment Wealth Management Inc. lifted its position in shares of Vanguard Russell 1000 by 1.0% during the third quarter. Endowment Wealth Management Inc. now owns 9,923 shares of the company’s stock worth $2,581,000 after purchasing an additional 103 shares during the last quarter. Peoples Bank KS purchased a new stake in shares of Vanguard Russell 1000 during the third quarter valued at $34,000. Coldstream Capital Management Inc. grew its holdings in shares of Vanguard Russell 1000 by 0.4% in the second quarter. Coldstream Capital Management Inc. now owns 38,973 shares of the company’s stock worth $9,590,000 after purchasing an additional 171 shares during the last quarter. Finally, Continuum Advisory LLC grew its holdings in shares of Vanguard Russell 1000 by 4.5% in the second quarter. Continuum Advisory LLC now owns 4,163 shares of the company’s stock worth $1,024,000 after purchasing an additional 180 shares during the last quarter.

Vanguard Russell 1000 Price Performance

Shares of VONE opened at $266.90 on Monday. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a 1-year low of $203.37 and a 1-year high of $273.43. The company has a 50-day moving average of $261.29 and a 200 day moving average of $250.98.

Vanguard Russell 1000 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.824 dividend. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.23%.

Vanguard Russell 1000 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.