Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 52-Week High – Should You Buy?

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) hit a new 52-week high on Wednesday . The company traded as high as $308.75 and last traded at $306.66, with a volume of 10091 shares. The stock had previously closed at $306.21.

Vanguard Russell 3000 ETF Stock Performance

The stock has a market capitalization of $4.07 billion, a P/E ratio of 24.16 and a beta of 1.02. The business has a fifty day simple moving average of $303.72 and a 200-day simple moving average of $295.54.

Vanguard Russell 3000 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a dividend of $0.893 per share. This represents a $3.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its stake in Vanguard Russell 3000 ETF by 97.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,918 shares of the company’s stock valued at $8,542,000 after purchasing an additional 14,301 shares in the last quarter. Family Firm Inc. increased its position in shares of Vanguard Russell 3000 ETF by 3.6% during the second quarter. Family Firm Inc. now owns 41,713 shares of the company’s stock worth $11,377,000 after acquiring an additional 1,444 shares in the last quarter. CWM LLC lifted its position in Vanguard Russell 3000 ETF by 54.2% in the 3rd quarter. CWM LLC now owns 41,517 shares of the company’s stock valued at $12,219,000 after acquiring an additional 14,599 shares in the last quarter. Mycio Wealth Partners LLC bought a new position in Vanguard Russell 3000 ETF in the 2nd quarter valued at about $86,000. Finally, Flow Traders U.S. LLC acquired a new position in Vanguard Russell 3000 ETF during the 2nd quarter valued at about $736,000.

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.