Vanguard Russell 1000 ETF (NASDAQ:VONE) Hits New 52-Week High – What’s Next?

Vanguard Russell 1000 ETF (NASDAQ:VONE) hit a new 52-week high during trading on Wednesday . The company traded as high as $351.52 and last traded at $351.52, with a volume of 1066 shares trading hands. The stock had previously closed at $350.10.

Vanguard Russell 1000 ETF Price Performance

The stock has a market capitalization of $8.63 billion, a PE ratio of 24.55 and a beta of 1.01. The firm’s 50 day simple moving average is $338.62 and its 200 day simple moving average is $323.78.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.8643 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th.

Institutional Trading of Vanguard Russell 1000 ETF

Several hedge funds have recently added to or reduced their stakes in VONE. Ascentis Independent Advisors purchased a new stake in Vanguard Russell 1000 ETF during the 1st quarter valued at about $33,000. Bartlett & CO. Wealth Management LLC bought a new stake in Vanguard Russell 1000 ETF in the first quarter valued at approximately $41,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Vanguard Russell 1000 ETF during the fourth quarter valued at approximately $42,000. Biltmore Family Office LLC purchased a new stake in shares of Vanguard Russell 1000 ETF during the fourth quarter valued at approximately $53,000. Finally, Western Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 ETF in the first quarter worth approximately $57,000.

Vanguard Russell 1000 ETF 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.