Vanguard Russell 1000 ETF (NASDAQ:VONE) Hits New 12-Month High – Still a Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $334.12 and last traded at $333.34, with a volume of 63527 shares changing hands. The stock had previously closed at $332.81.

Vanguard Russell 1000 ETF Stock Performance

The firm’s 50-day moving average is $310.55 and its 200 day moving average is $310.15. The stock has a market cap of $7.90 billion, a PE ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.8739 dividend. This is a positive change from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. The ex-dividend date was Tuesday, March 24th. This represents a $3.50 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors acquired a new position in Vanguard Russell 1000 ETF in the 1st quarter valued at about $33,000. Bartlett & CO. Wealth Management LLC acquired a new position in Vanguard Russell 1000 ETF in the 1st quarter valued at about $41,000. Kohmann Bosshard Financial Services LLC acquired a new position in Vanguard Russell 1000 ETF in the 4th quarter valued at about $42,000. Root Financial Partners LLC acquired a new position in Vanguard Russell 1000 ETF in the 3rd quarter valued at about $47,000. Finally, Biltmore Family Office LLC acquired a new position in Vanguard Russell 1000 ETF in the 4th quarter valued at about $53,000.

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.