Vanguard Russell 1000 ETF (NASDAQ:VONE) Reaches New 52-Week High – Time to Buy?

Vanguard Russell 1000 ETF (NASDAQ:VONE) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $351.52 and last traded at $351.52, with a volume of 1066 shares changing hands. The stock had previously closed at $350.10.

Vanguard Russell 1000 ETF Stock Up 0.2%

The stock has a fifty day moving average of $338.23 and a 200-day moving average of $323.24. The firm has a market capitalization of $8.57 billion, a P/E ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.8643 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Ascentis Independent Advisors acquired a new position in shares of Vanguard Russell 1000 ETF during the 1st quarter worth about $33,000. Bartlett & CO. Wealth Management LLC bought a new stake in Vanguard Russell 1000 ETF during the first quarter worth about $41,000. Kohmann Bosshard Financial Services LLC bought a new stake in Vanguard Russell 1000 ETF during the fourth quarter worth about $42,000. Biltmore Family Office LLC acquired a new position in Vanguard Russell 1000 ETF during the fourth quarter valued at approximately $53,000. Finally, Western Wealth Management LLC acquired a new position in Vanguard Russell 1000 ETF during the first quarter valued at approximately $57,000.

About Vanguard Russell 1000 ETF

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.