Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw an uptick in trading volume on Tuesday . Approximately 201,111 shares were traded during trading, an increase of 108% from the previous session’s volume of 96,622 shares.The stock last traded at $346.35 and had previously closed at $345.98.

Vanguard Russell 1000 ETF Stock Down 0.0%

The company has a market capitalization of $8.50 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The business has a fifty day simple moving average of $340.94 and a two-hundred day simple moving average of $325.99.

Vanguard Russell 1000 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.8643 per share. This represents a $3.46 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th.

Institutional Trading of Vanguard Russell 1000 ETF

A number of large investors have recently bought and sold shares of the stock. Morgan Stanley lifted its holdings in shares of Vanguard Russell 1000 ETF by 3.1% during the fourth quarter. Morgan Stanley now owns 1,201,654 shares of the company’s stock valued at $371,360,000 after acquiring an additional 36,686 shares during the period. UBS Group AG boosted its stake in shares of Vanguard Russell 1000 ETF by 3.9% in the 4th quarter. UBS Group AG now owns 792,987 shares of the company’s stock valued at $245,065,000 after purchasing an additional 29,875 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Russell 1000 ETF by 2.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 786,779 shares of the company’s stock worth $220,974,000 after purchasing an additional 15,054 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Vanguard Russell 1000 ETF by 5.2% in the 4th quarter. Stifel Financial Corp now owns 462,141 shares of the company’s stock worth $142,823,000 after purchasing an additional 23,011 shares during the last quarter. Finally, Jordan Park Group LLC increased its position in shares of Vanguard Russell 1000 ETF by 8.2% during the 4th quarter. Jordan Park Group LLC now owns 375,997 shares of the company’s stock worth $116,198,000 after purchasing an additional 28,583 shares in the last quarter.

Vanguard Russell 1000 ETF 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.