Precedent Wealth Partners LLC Increases Stock Holdings in Vanguard Russell 1000 ETF $VONE

Precedent Wealth Partners LLC lifted its position in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) by 47.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,303 shares of the company’s stock after acquiring an additional 4,955 shares during the period. Vanguard Russell 1000 ETF makes up approximately 1.0% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 25th largest position. Precedent Wealth Partners LLC’s holdings in Vanguard Russell 1000 ETF were worth $4,729,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Capital Advantage Inc. purchased a new position in Vanguard Russell 1000 ETF during the 4th quarter valued at about $648,000. Lpwm LLC raised its position in Vanguard Russell 1000 ETF by 2.4% during the fourth quarter. Lpwm LLC now owns 16,052 shares of the company’s stock worth $4,961,000 after acquiring an additional 381 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Vanguard Russell 1000 ETF by 7.0% in the fourth quarter. Avior Wealth Management LLC now owns 3,229 shares of the company’s stock valued at $998,000 after purchasing an additional 211 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Russell 1000 ETF by 16.9% in the third quarter. JPMorgan Chase & Co. now owns 51,691 shares of the company’s stock valued at $15,629,000 after purchasing an additional 7,478 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Vanguard Russell 1000 ETF by 7.8% in the third quarter. Captrust Financial Advisors now owns 12,202 shares of the company’s stock valued at $3,689,000 after purchasing an additional 879 shares during the last quarter.

Vanguard Russell 1000 ETF Price Performance

Shares of VONE opened at $294.68 on Friday. The firm has a 50 day simple moving average of $310.07 and a 200-day simple moving average of $306.92. Vanguard Russell 1000 ETF has a 1-year low of $218.75 and a 1-year high of $316.38. The stock has a market cap of $7.06 billion, a price-to-earnings ratio of 24.55 and a beta of 1.02.

Vanguard Russell 1000 ETF 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.