Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Friday . 104,343 shares were traded during mid-day trading, an increase of 272% from the previous session’s volume of 28,055 shares.The stock last traded at $266.13 and had previously closed at $264.54.

Vanguard Russell 3000 ETF Price Performance

The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 23.71 and a beta of 1.03. The firm’s 50-day moving average is $256.90 and its 200 day moving average is $246.06.

Vanguard Russell 3000 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 1.18%. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. MML Investors Services LLC increased its position in shares of Vanguard Russell 3000 ETF by 7.6% in the third quarter. MML Investors Services LLC now owns 135,979 shares of the company’s stock worth $34,494,000 after acquiring an additional 9,626 shares in the last quarter. EP Wealth Advisors LLC raised its position in Vanguard Russell 3000 ETF by 9.7% in the third quarter. EP Wealth Advisors LLC now owns 1,372 shares of the company’s stock valued at $348,000 after purchasing an additional 121 shares during the period. FMR LLC lifted its stake in shares of Vanguard Russell 3000 ETF by 31.5% during the third quarter. FMR LLC now owns 6,177 shares of the company’s stock worth $1,567,000 after purchasing an additional 1,481 shares in the last quarter. Smithfield Trust Co boosted its position in shares of Vanguard Russell 3000 ETF by 14.7% in the third quarter. Smithfield Trust Co now owns 13,391 shares of the company’s stock worth $3,395,000 after buying an additional 1,717 shares during the period. Finally, Natixis Advisors LLC grew its stake in shares of Vanguard Russell 3000 ETF by 3.9% in the third quarter. Natixis Advisors LLC now owns 158,169 shares of the company’s stock valued at $40,123,000 after buying an additional 5,931 shares in 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.