Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Wednesday . 87,840 shares were traded during trading, an increase of 141% from the previous session’s volume of 36,473 shares.The stock last traded at $325.45 and had previously closed at $322.03.

Vanguard Russell 3000 ETF Stock Up 0.4%

The firm has a market cap of $4.50 billion, a PE ratio of 24.16 and a beta of 1.01. The firm’s fifty day simple moving average is $305.84 and its two-hundred day simple moving average is $303.19.

Vanguard Russell 3000 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a dividend of $0.8557 per share. The ex-dividend date was Tuesday, March 24th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in Vanguard Russell 3000 ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 11,335 shares of the company’s stock valued at $2,798,000 after buying an additional 885 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Russell 3000 ETF by 364.2% in the first quarter. NewEdge Advisors LLC now owns 3,927 shares of the company’s stock worth $969,000 after buying an additional 3,081 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Vanguard Russell 3000 ETF by 141.5% during the first quarter. Goldman Sachs Group Inc. now owns 53,859 shares of the company’s stock worth $13,290,000 after acquiring an additional 31,553 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Vanguard Russell 3000 ETF during the second quarter valued at $461,000. Finally, Marshall Wace LLP purchased a new position in Vanguard Russell 3000 ETF during the second quarter valued at $269,000.

Vanguard Russell 3000 ETF Company Profile

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.