Synovus Financial Corp Makes New $408,000 Investment in Vanguard Russell 3000 ETF (NASDAQ:VTHR)

Synovus Financial Corp bought a new position in shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,612 shares of the company’s stock, valued at approximately $408,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTHR. International Assets Investment Management LLC raised its holdings in Vanguard Russell 3000 ETF by 25,267.0% in the 3rd quarter. International Assets Investment Management LLC now owns 206,741 shares of the company’s stock valued at $52,444,000 after acquiring an additional 205,926 shares in the last quarter. Natixis Advisors LLC raised its stake in Vanguard Russell 3000 ETF by 119.8% in the second quarter. Natixis Advisors LLC now owns 152,238 shares of the company’s stock valued at $36,476,000 after purchasing an additional 82,988 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Russell 3000 ETF by 486.0% during the second quarter. Envestnet Asset Management Inc. now owns 27,634 shares of the company’s stock worth $6,621,000 after purchasing an additional 22,918 shares during the period. AQR Capital Management LLC acquired a new stake in Vanguard Russell 3000 ETF during the second quarter worth about $2,891,000. Finally, Tennessee Valley Asset Management Partners increased its holdings in Vanguard Russell 3000 ETF by 289.0% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 13,226 shares of the company’s stock valued at $3,169,000 after buying an additional 9,826 shares during the period.

Vanguard Russell 3000 ETF Trading Down 3.1 %

Shares of Vanguard Russell 3000 ETF stock opened at $260.31 on Thursday. The company has a market cap of $2.73 billion, a PE ratio of 23.71 and a beta of 1.03. The company has a 50 day moving average of $262.84 and a 200-day moving average of $250.49. Vanguard Russell 3000 ETF has a 1-year low of $208.31 and a 1-year high of $271.66.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Thursday, September 26th. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78.

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.