Vanguard Russell 1000 (NASDAQ:VONE) Hits New 52-Week High – What’s Next?

Shares of Vanguard Russell 1000 (NASDAQ:VONE) hit a new 52-week high during trading on Wednesday . The company traded as high as $267.84 and last traded at $267.60, with a volume of 16719 shares. The stock had previously closed at $262.03.

Vanguard Russell 1000 Trading Up 0.6 %

The company’s 50-day moving average price is $258.85 and its two-hundred day moving average price is $248.94. The company has a market cap of $5.41 billion, a P/E ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.824 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.30 annualized dividend and a dividend yield of 1.21%. This is an increase from Vanguard Russell 1000’s previous quarterly dividend of $0.81.

Institutional Investors Weigh In On Vanguard Russell 1000

Hedge funds and other institutional investors have recently modified their holdings of the stock. Peoples Bank KS bought a new stake in shares of Vanguard Russell 1000 in the 3rd quarter worth about $34,000. Geneos Wealth Management Inc. bought a new stake in shares of Vanguard Russell 1000 during the 1st quarter valued at about $35,000. Venturi Wealth Management LLC bought a new stake in shares of Vanguard Russell 1000 during the 3rd quarter valued at about $50,000. Avior Wealth Management LLC bought a new stake in shares of Vanguard Russell 1000 during the 3rd quarter valued at about $91,000. Finally, DT Investment Partners LLC bought a new stake in shares of Vanguard Russell 1000 during the 3rd quarter valued at about $124,000.

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.