Vanguard Russell 1000 (NASDAQ:VONE) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Vanguard Russell 1000 (NASDAQ:VONE) saw strong trading volume on Wednesday . 31,092 shares changed hands during mid-day trading, a decline of 50% from the previous session’s volume of 62,702 shares.The stock last traded at $276.41 and had previously closed at $275.04.

Vanguard Russell 1000 Stock Performance

The firm has a fifty day simple moving average of $268.08 and a 200 day simple moving average of $255.59. The company has a market capitalization of $5.48 billion, a PE ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.824 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.30 annualized dividend and a dividend yield of 1.20%. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Russell 1000 by 2.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,160 shares of the company’s stock worth $1,082,000 after purchasing an additional 84 shares during the last quarter. Financial Counselors Inc. lifted its position in shares of Vanguard Russell 1000 by 3.2% during the third quarter. Financial Counselors Inc. now owns 2,848 shares of the company’s stock valued at $741,000 after buying an additional 88 shares during the last quarter. Endowment Wealth Management Inc. boosted its holdings in shares of Vanguard Russell 1000 by 1.0% in the 3rd quarter. Endowment Wealth Management Inc. now owns 9,923 shares of the company’s stock valued at $2,581,000 after buying an additional 103 shares in the last quarter. Peoples Bank KS bought a new position in shares of Vanguard Russell 1000 during the 3rd quarter worth approximately $34,000. Finally, Coldstream Capital Management Inc. lifted its position in Vanguard Russell 1000 by 0.4% during the second quarter. Coldstream Capital Management Inc. now owns 38,973 shares of the company’s stock valued at $9,590,000 after acquiring an additional 171 shares during the last quarter.

Vanguard Russell 1000 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.