Vanguard Russell 1000 (NASDAQ:VONE) is Red Cedar Investment Management LLC’s Largest Position

Red Cedar Investment Management LLC reduced its stake in Vanguard Russell 1000 (NASDAQ:VONE) by 0.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 678,856 shares of the company’s stock after selling 3,361 shares during the quarter. Vanguard Russell 1000 makes up 22.4% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its largest holding. Red Cedar Investment Management LLC owned 3.42% of Vanguard Russell 1000 worth $176,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Peoples Bank KS purchased a new stake in shares of Vanguard Russell 1000 during the 3rd quarter valued at $34,000. Geneos Wealth Management Inc. bought a new position in shares of Vanguard Russell 1000 during the 1st quarter worth $35,000. DT Investment Partners LLC bought a new position in shares of Vanguard Russell 1000 during the 3rd quarter worth $124,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Vanguard Russell 1000 during the 2nd quarter worth $143,000. Finally, Valmark Advisers Inc. bought a new position in shares of Vanguard Russell 1000 during the 2nd quarter worth $239,000.

Vanguard Russell 1000 Trading Up 0.2 %

Shares of VONE stock traded up $0.43 on Monday, hitting $259.80. 18,726 shares of the stock were exchanged, compared to its average volume of 61,314. The firm has a market capitalization of $5.16 billion, a PE ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a one year low of $196.58 and a one year high of $265.76. The firm’s 50 day moving average is $257.93 and its two-hundred day moving average is $248.17.

Vanguard Russell 1000 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.824 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.81.

Vanguard Russell 1000 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.