Vanguard Russell 1000 (NASDAQ:VONE) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Russell 1000 (NASDAQ:VONE) shares saw an uptick in trading volume on Monday . 289,139 shares were traded during trading, an increase of 324% from the previous session’s volume of 68,162 shares.The stock last traded at $255.01 and had previously closed at $261.16.

Vanguard Russell 1000 Stock Down 2.6 %

The stock has a 50 day simple moving average of $271.61 and a two-hundred day simple moving average of $266.69. The stock has a market capitalization of $5.15 billion, a P/E ratio of 26.35 and a beta of 1.02.

Vanguard Russell 1000 Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.8477 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000

Several large investors have recently added to or reduced their stakes in VONE. SBI Securities Co. Ltd. purchased a new stake in Vanguard Russell 1000 in the 4th quarter valued at about $27,000. Farther Finance Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 in the 4th quarter worth about $43,000. Assetmark Inc. lifted its stake in shares of Vanguard Russell 1000 by 113.9% in the fourth quarter. Assetmark Inc. now owns 169 shares of the company’s stock worth $45,000 after buying an additional 90 shares in the last quarter. Synergy Asset Management LLC bought a new position in Vanguard Russell 1000 in the fourth quarter valued at about $47,000. Finally, Venturi Wealth Management LLC purchased a new position in shares of Vanguard Russell 1000 during the 3rd quarter valued at about $50,000.

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.