Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw strong trading volume on Thursday. Approximately 57,864 shares traded hands during trading, an increase of 71% from the previous session’s volume of 33,820 shares. The stock last traded at $334.4540 and had previously closed at $335.50.

Vanguard Russell 3000 ETF Stock Down 0.2%

The stock has a market capitalization of $4.78 billion, a P/E ratio of 24.16 and a beta of 1.01. The stock has a 50 day simple moving average of $337.00 and a two-hundred day simple moving average of $324.30.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Hedge funds have recently bought and sold shares of the stock. Lincoln National Corp raised its position in Vanguard Russell 3000 ETF by 1.0% during the first quarter. Lincoln National Corp now owns 462,641 shares of the company’s stock valued at $133,044,000 after purchasing an additional 4,681 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Vanguard Russell 3000 ETF by 2.9% during the 4th quarter. Focus Partners Wealth now owns 237,447 shares of the company’s stock valued at $70,045,000 after purchasing an additional 6,778 shares during the last quarter. Sovereign Investment Advisors LLC increased its position in Vanguard Russell 3000 ETF by 2,939.5% during the 2nd quarter. Sovereign Investment Advisors LLC now owns 67,720 shares of the company’s stock worth $22,444,000 after purchasing an additional 65,492 shares in the last quarter. Pennington Partners & CO. LLC increased its position in Vanguard Russell 3000 ETF by 38.9% during the 1st quarter. Pennington Partners & CO. LLC now owns 63,762 shares of the company’s stock worth $18,336,000 after purchasing an additional 17,870 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Vanguard Russell 3000 ETF by 6.5% in the 2nd quarter. NewEdge Advisors LLC now owns 53,773 shares of the company’s stock valued at $17,822,000 after purchasing an additional 3,282 shares during the last quarter.

About Vanguard Russell 3000 ETF

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.