Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – What’s Next?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $334.95 and last traded at $334.95, with a volume of 9292 shares changing hands. The stock had previously closed at $329.62.

Vanguard Russell 3000 ETF Stock Up 1.6%

The stock has a market cap of $4.75 billion, a price-to-earnings ratio of 24.16 and a beta of 1.01. The company has a 50 day simple moving average of $329.21 and a 200 day simple moving average of $313.67.

Vanguard Russell 3000 ETF Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its holdings 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 valued at $173,437,000 after acquiring an additional 63,729 shares in the last quarter. Lincoln National Corp grew its holdings in shares of Vanguard Russell 3000 ETF by 1.0% during the first quarter. Lincoln National Corp now owns 462,641 shares of the company’s stock worth $133,044,000 after purchasing an additional 4,681 shares during the last quarter. Morgan Stanley grew its holdings in shares of 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 last quarter. Focus Partners Wealth increased its stake in shares of Vanguard Russell 3000 ETF by 2.9% in the fourth quarter. Focus Partners Wealth now owns 237,447 shares of the company’s stock valued at $70,045,000 after buying an additional 6,778 shares during the period. Finally, Callan Family Office LLC acquired a new position in shares of Vanguard Russell 3000 ETF in the fourth quarter valued at approximately $68,720,000.

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.