Vanguard Russell 1000 ETF (NASDAQ:VONE) Hits New 12-Month High – What’s Next?

Vanguard Russell 1000 ETF (NASDAQ:VONE)’s stock price hit a new 52-week high on Thursday . The company traded as high as $339.87 and last traded at $339.29, with a volume of 33032 shares traded. The stock had previously closed at $338.55.

Vanguard Russell 1000 ETF Stock Up 0.3%

The stock has a market cap of $8.07 billion, a P/E ratio of 24.55 and a beta of 1.01. The business’s 50-day simple moving average is $317.98 and its two-hundred day simple moving average is $312.51.

Vanguard Russell 1000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.8739 per share. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. This represents a $3.50 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ascentis Independent Advisors bought a new position in Vanguard Russell 1000 ETF during the first quarter worth about $33,000. Bartlett & CO. Wealth Management LLC bought a new position in Vanguard Russell 1000 ETF during the first quarter worth about $41,000. Kohmann Bosshard Financial Services LLC bought a new position in Vanguard Russell 1000 ETF during the fourth quarter worth about $42,000. Biltmore Family Office LLC bought a new position in shares of Vanguard Russell 1000 ETF in the fourth quarter valued at approximately $53,000. Finally, Western Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 ETF in the first quarter valued at approximately $57,000.

About Vanguard Russell 1000 ETF

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.