Vanguard Russell 1000 (NASDAQ:VONE) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 1000 (NASDAQ:VONE) saw strong trading volume on Monday . 98,633 shares changed hands during trading, an increase of 15% from the previous session’s volume of 85,423 shares.The stock last traded at $233.32 and had previously closed at $238.80.

Vanguard Russell 1000 Trading Down 3.1 %

The stock has a market cap of $5.10 billion, a PE ratio of 23.07 and a beta of 1.03. The firm’s 50-day moving average price is $256.38 and its two-hundred day moving average price is $265.14.

Vanguard Russell 1000 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.7943 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.37%.

Institutional Investors Weigh In On Vanguard Russell 1000

A number of hedge funds have recently made changes to their positions in VONE. Endowment Wealth Management Inc. lifted its position in shares of Vanguard Russell 1000 by 0.5% during the fourth quarter. Endowment Wealth Management Inc. now owns 9,970 shares of the company’s stock valued at $2,659,000 after buying an additional 47 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Vanguard Russell 1000 by 2.3% in the fourth quarter. Park Avenue Securities LLC now owns 2,135 shares of the company’s stock valued at $569,000 after acquiring an additional 48 shares in the last quarter. Studio Investment Management LLC grew its holdings in Vanguard Russell 1000 by 0.4% in the fourth quarter. Studio Investment Management LLC now owns 15,676 shares of the company’s stock worth $4,181,000 after purchasing an additional 58 shares during the last quarter. American Capital Advisory LLC increased its position in shares of Vanguard Russell 1000 by 3.9% during the fourth quarter. American Capital Advisory LLC now owns 1,604 shares of the company’s stock worth $428,000 after purchasing an additional 60 shares in the last quarter. Finally, Continuum Advisory LLC lifted its holdings in shares of Vanguard Russell 1000 by 1.6% during the 4th quarter. Continuum Advisory LLC now owns 4,258 shares of the company’s stock valued at $1,136,000 after purchasing an additional 65 shares during 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.