Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 12-Month High – Here’s Why

Shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) reached a new 52-week high during trading on Friday . The stock traded as high as $322.96 and last traded at $322.77, with a volume of 33526 shares. The stock had previously closed at $321.03.

Vanguard Russell 1000 ETF Trading Up 0.7%

The company has a market capitalization of $7.63 billion, a PE ratio of 24.55 and a beta of 1.01. The firm’s 50-day simple moving average is $306.48 and its 200-day simple moving average is $307.94.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a dividend of $0.8739 per share. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. This represents a $3.50 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new stake in Vanguard Russell 1000 ETF during the 4th quarter valued at $42,000. Root Financial Partners LLC purchased a new stake in shares of Vanguard Russell 1000 ETF in the 3rd quarter worth $47,000. Biltmore Family Office LLC bought a new position in shares of Vanguard Russell 1000 ETF during the 4th quarter worth $53,000. ORG Partners LLC grew its position in shares of Vanguard Russell 1000 ETF by 19.9% during the 3rd quarter. ORG Partners LLC now owns 205 shares of the company’s stock worth $62,000 after buying an additional 34 shares in the last quarter. Finally, Access Investment Management LLC purchased a new position in shares of Vanguard Russell 1000 ETF during the third quarter valued at $75,000.

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.