Parsons Capital Management Inc. RI Takes Position in Vanguard Russell 3000 ETF $VTHR

Parsons Capital Management Inc. RI bought a new stake in shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,899 shares of the company’s stock, valued at approximately $570,000.

Several other large investors have also added to or reduced their stakes in VTHR. Ameriprise Financial Inc. lifted its stake in Vanguard Russell 3000 ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock valued at $173,437,000 after buying an additional 63,729 shares during the period. Tompkins Financial Corp grew its position in shares of Vanguard Russell 3000 ETF by 0.9% during the 4th quarter. Tompkins Financial Corp now owns 279,263 shares of the company’s stock worth $83,871,000 after buying an additional 2,573 shares during the period. Focus Partners Wealth grew its position in shares of Vanguard Russell 3000 ETF by 2.7% during the 3rd quarter. Focus Partners Wealth now owns 230,669 shares of the company’s stock worth $67,890,000 after buying an additional 5,983 shares during the period. Cerity Partners LLC increased its stake in shares of Vanguard Russell 3000 ETF by 4.9% in the 2nd quarter. Cerity Partners LLC now owns 140,611 shares of the company’s stock valued at $38,352,000 after acquiring an additional 6,609 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of Vanguard Russell 3000 ETF by 0.3% in the 3rd quarter. Mariner LLC now owns 74,846 shares of the company’s stock valued at $22,029,000 after acquiring an additional 198 shares in the last quarter.

Vanguard Russell 3000 ETF Stock Down 1.8%

Vanguard Russell 3000 ETF stock opened at $280.53 on Friday. The company has a market capitalization of $3.73 billion, a PE ratio of 24.16 and a beta of 1.02. Vanguard Russell 3000 ETF has a 12-month low of $213.11 and a 12-month high of $308.75. The firm’s fifty day moving average is $300.34 and its 200 day moving average is $298.95.

Vanguard Russell 3000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a $0.8557 dividend. This represents a $3.42 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.