Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) saw an uptick in trading volume on Thursday . 439,102 shares traded hands during mid-day trading, an increase of 328% from the previous session’s volume of 102,541 shares.The stock last traded at $337.64 and had previously closed at $334.97.

Vanguard Russell 1000 ETF Stock Performance

The stock has a fifty day simple moving average of $330.23 and a 200-day simple moving average of $315.96. The stock has a market cap of $7.97 billion, a P/E ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th will be issued a dividend of $0.8643 per share. The ex-dividend date is Thursday, June 18th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Investors Weigh In On Vanguard Russell 1000 ETF

Institutional investors have recently bought and sold shares of the company. Ascentis Independent Advisors bought a new position in shares of Vanguard Russell 1000 ETF during the 1st quarter worth approximately $33,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Vanguard Russell 1000 ETF in the first quarter worth $41,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Vanguard Russell 1000 ETF in the fourth quarter worth $42,000. Biltmore Family Office LLC acquired a new position in Vanguard Russell 1000 ETF during the fourth quarter worth $53,000. Finally, Western Wealth Management LLC acquired a new position in Vanguard Russell 1000 ETF during the first quarter worth $57,000.

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.