Vanguard Russell 1000 (NASDAQ:VONE) Hits New 1-Year High at $253.91

Vanguard Russell 1000 (NASDAQ:VONE)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $253.91 and last traded at $253.73, with a volume of 24699 shares. The stock had previously closed at $253.27.

Vanguard Russell 1000 Trading Up 0.6 %

The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. The stock’s fifty day simple moving average is $243.49 and its 200-day simple moving average is $233.10.

Vanguard Russell 1000 Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were issued a dividend of $0.814 per share. The ex-dividend date was Thursday, June 27th. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.72. This represents a $3.26 dividend on an annualized basis and a yield of 1.29%.

Institutional Investors Weigh In On Vanguard Russell 1000

Hedge funds have recently added to or reduced their stakes in the business. Cherrydale Wealth Management LLC raised its holdings in shares of Vanguard Russell 1000 by 14.3% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 30,987 shares of the company’s stock valued at $7,625,000 after purchasing an additional 3,871 shares in the last quarter. Fulton Bank N.A. acquired a new stake in shares of Vanguard Russell 1000 in the 2nd quarter valued at $306,000. Mather Group LLC. raised its holdings in shares of Vanguard Russell 1000 by 197.3% in the 2nd quarter. Mather Group LLC. now owns 2,884 shares of the company’s stock valued at $687,000 after purchasing an additional 1,914 shares in the last quarter. Cetera Advisors LLC raised its holdings in shares of Vanguard Russell 1000 by 7.4% in the 1st quarter. Cetera Advisors LLC now owns 22,470 shares of the company’s stock valued at $5,355,000 after purchasing an additional 1,556 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Vanguard Russell 1000 in the 1st quarter valued at $12,191,000.

About Vanguard Russell 1000

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.