Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Large Volume Increase – Time to Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) shares saw unusually-high trading volume on Tuesday. Approximately 220,980 shares were traded during trading, an increase of 113% from the average daily volume of 103,951 shares. The stock last traded at $341.5790 and had previously closed at $340.31.

Vanguard Russell 1000 ETF Stock Down 4.3%

The firm has a market cap of $8.61 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The business has a 50 day moving average price of $346.44 and a 200-day moving average price of $330.28.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cabot Wealth Management Inc. purchased a new stake in shares of Vanguard Russell 1000 ETF during the third quarter valued at approximately $5,860,000. AMG National Trust Bank acquired a new position in shares of Vanguard Russell 1000 ETF during the third quarter worth $3,386,000. Lido Advisors LLC acquired a new position in shares of Vanguard Russell 1000 ETF during the third quarter worth $238,000. Keybank National Association OH purchased a new position in shares of Vanguard Russell 1000 ETF in the third quarter valued at $27,767,000. Finally, Narwhal Capital Management purchased a new position in shares of Vanguard Russell 1000 ETF in the third quarter valued at $539,000.

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.