Vanguard Russell 1000 (NASDAQ:VONE) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 1000 (NASDAQ:VONE) saw strong trading volume on Tuesday . 127,807 shares were traded during mid-day trading, an increase of 105% from the previous session’s volume of 62,310 shares.The stock last traded at $275.06 and had previously closed at $275.56.

Vanguard Russell 1000 Trading Up 0.1 %

The firm has a market cap of $5.48 billion, a P/E ratio of 24.78 and a beta of 1.02. The business has a 50-day moving average price of $265.24 and a 200-day moving average price of $253.77.

Vanguard Russell 1000 Increases Dividend

The firm also recently disclosed 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 was Thursday, September 26th. This is an increase from Vanguard Russell 1000’s previous quarterly dividend of $0.81. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.20%.

Institutional Trading of Vanguard Russell 1000

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Vanguard Russell 1000 by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 34,303 shares of the company’s stock worth $8,175,000 after buying an additional 1,144 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Vanguard Russell 1000 in the 1st quarter worth $12,191,000. Mather Group LLC. grew its stake in Vanguard Russell 1000 by 197.3% during the 2nd quarter. Mather Group LLC. now owns 2,884 shares of the company’s stock worth $687,000 after buying an additional 1,914 shares during the last quarter. Fulton Bank N.A. acquired a new position in Vanguard Russell 1000 during the 2nd quarter valued at about $306,000. Finally, Cherrydale Wealth Management LLC raised its stake in Vanguard Russell 1000 by 14.3% in the second quarter. Cherrydale Wealth Management LLC now owns 30,987 shares of the company’s stock valued at $7,625,000 after buying an additional 3,871 shares during the last quarter.

About Vanguard Russell 1000

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.