Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Strong Trading Volume – Should You Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares saw strong trading volume on Friday . 163,656 shares traded hands during mid-day trading, an increase of 311% from the previous session’s volume of 39,838 shares.The stock last traded at $245.50 and had previously closed at $250.63.

Vanguard Russell 3000 ETF Trading Down 2.1 %

The firm’s 50-day simple moving average is $261.33 and its two-hundred day simple moving average is $260.23. The stock has a market capitalization of $3.07 billion, a PE ratio of 24.03 and a beta of 1.03.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.7719 per share. This represents a $3.09 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

Institutional investors have recently bought and sold shares of the business. Armis Advisers LLC purchased a new stake in shares of Vanguard Russell 3000 ETF in the fourth quarter worth approximately $1,507,000. Silvercrest Asset Management Group LLC boosted its stake in shares of Vanguard Russell 3000 ETF by 33.2% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 4,010 shares of the company’s stock valued at $1,042,000 after buying an additional 1,000 shares during the period. Gotham Asset Management LLC grew its holdings in shares of Vanguard Russell 3000 ETF by 23.0% during the 4th quarter. Gotham Asset Management LLC now owns 21,733 shares of the company’s stock valued at $5,645,000 after acquiring an additional 4,066 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Vanguard Russell 3000 ETF by 5.7% in the fourth quarter. Focus Partners Wealth now owns 227,514 shares of the company’s stock worth $59,095,000 after acquiring an additional 12,365 shares during the last quarter. Finally, Cliffwater LLC raised its holdings in shares of Vanguard Russell 3000 ETF by 30.6% during the fourth quarter. Cliffwater LLC now owns 262,086 shares of the company’s stock worth $68,074,000 after acquiring an additional 61,414 shares in the last quarter.

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.