Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sets New 12-Month High – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $329.88 and last traded at $329.88, with a volume of 1947 shares traded. The stock had previously closed at $326.74.

Vanguard Russell 3000 ETF Trading Up 0.6%

The business’s 50-day simple moving average is $307.11 and its 200-day simple moving average is $303.60. The company has a market capitalization of $4.53 billion, a PE ratio of 24.16 and a beta of 1.01.

Vanguard Russell 3000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.8557 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $3.42 dividend on an annualized basis and a yield of 1.0%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Vanguard Russell 3000 ETF in the 4th quarter valued at $29,000. Aptus Capital Advisors LLC lifted its holdings in Vanguard Russell 3000 ETF by 350.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 135 shares of the company’s stock valued at $40,000 after purchasing an additional 105 shares in the last quarter. Main Street Group LTD purchased a new position in Vanguard Russell 3000 ETF in the 1st quarter valued at $43,000. GoalVest Advisory LLC purchased a new position in Vanguard Russell 3000 ETF in the 4th quarter valued at $72,000. Finally, Franklin Resources Inc. purchased a new position in Vanguard Russell 3000 ETF in the 4th quarter valued at $74,000.

Vanguard Russell 3000 ETF Company Profile

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.