Pennington Partners & CO. LLC Has $18.34 Million Stock Position in Vanguard Russell 3000 ETF $VTHR

Pennington Partners & CO. LLC increased its position in shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) by 38.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,762 shares of the company’s stock after buying an additional 17,870 shares during the period. Vanguard Russell 3000 ETF accounts for approximately 6.3% of Pennington Partners & CO. LLC’s investment portfolio, making the stock its 4th biggest position. Pennington Partners & CO. LLC owned approximately 0.46% of Vanguard Russell 3000 ETF worth $18,336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its stake in shares of Vanguard Russell 3000 ETF by 12.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock worth $173,437,000 after purchasing an additional 63,729 shares during the last quarter. Lincoln National Corp lifted its stake in Vanguard Russell 3000 ETF by 1.0% in the 1st 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 during the last quarter. Morgan Stanley grew its holdings in Vanguard Russell 3000 ETF by 91.9% during the fourth quarter. Morgan Stanley now owns 436,121 shares of the company’s stock worth $130,981,000 after purchasing an additional 208,822 shares during the period. Focus Partners Wealth grew its holdings in Vanguard Russell 3000 ETF by 2.9% during the fourth quarter. Focus Partners Wealth now owns 237,447 shares of the company’s stock worth $70,045,000 after purchasing an additional 6,778 shares during the period. Finally, Callan Family Office LLC acquired a new position in Vanguard Russell 3000 ETF during the fourth quarter worth approximately $68,720,000.

Vanguard Russell 3000 ETF Stock Down 1.1%

NASDAQ:VTHR opened at $326.44 on Friday. The stock’s 50 day moving average price is $329.02 and its two-hundred day moving average price is $312.76. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 24.16 and a beta of 1.01. Vanguard Russell 3000 ETF has a 12-month low of $273.16 and a 12-month high of $334.77.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.8372 dividend. This represents a $3.35 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th.

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.