Vanguard Russell 1000 ETF (NASDAQ:VONE) Sets New 52-Week High – Still a Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) hit a new 52-week high during trading on Tuesday . The stock traded as high as $315.85 and last traded at $315.55, with a volume of 30492 shares. The stock had previously closed at $314.24.

Vanguard Russell 1000 ETF Trading Up 0.4%

The company has a market capitalization of $7.56 billion, a price-to-earnings ratio of 24.55 and a beta of 1.02. The business’s 50 day moving average price is $309.74 and its two-hundred day moving average price is $301.60.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC increased its holdings in Vanguard Russell 1000 ETF by 46.5% in the 1st quarter. AQR Capital Management LLC now owns 13,611 shares of the company’s stock worth $3,455,000 after purchasing an additional 4,321 shares in the last quarter. XY Planning Network Inc. acquired a new position in shares of Vanguard Russell 1000 ETF in the second quarter valued at approximately $288,000. Halbert Hargrove Global Advisors LLC raised its holdings in Vanguard Russell 1000 ETF by 7.8% in the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 36,927 shares of the company’s stock valued at $10,371,000 after buying an additional 2,679 shares during the last quarter. Truist Financial Corp raised its holdings in Vanguard Russell 1000 ETF by 7.5% in the 2nd quarter. Truist Financial Corp now owns 11,689 shares of the company’s stock valued at $3,283,000 after buying an additional 819 shares during the last quarter. Finally, Matauro LLC acquired a new stake in Vanguard Russell 1000 ETF during the 2nd quarter worth approximately $207,000.

About Vanguard Russell 1000 ETF

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.