Vanguard Russell 1000 ETF (NASDAQ:VONE) Sees Large Volume Increase – Here’s What Happened

Vanguard Russell 1000 ETF (NASDAQ:VONE) saw unusually-strong trading volume on Thursday. Approximately 514,973 shares changed hands during trading, an increase of 406% from the previous session’s volume of 101,717 shares. The stock last traded at $346.1780 and had previously closed at $349.28.

Vanguard Russell 1000 ETF Price Performance

The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 24.55 and a beta of 1.01. The business’s 50-day moving average price is $347.48 and its 200 day moving average price is $337.86.

Institutional Investors Weigh In On Vanguard Russell 1000 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Apella Capital LLC lifted its holdings in Vanguard Russell 1000 ETF by 31.8% in the 3rd quarter. Apella Capital LLC now owns 473,977 shares of the company’s stock worth $166,309,000 after buying an additional 114,462 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Russell 1000 ETF by 6.4% during the second quarter. Envestnet Asset Management Inc. now owns 250,978 shares of the company’s stock valued at $85,011,000 after acquiring an additional 15,144 shares in the last quarter. Flower City Capital grew its stake in shares of Vanguard Russell 1000 ETF by 1.4% during the second quarter. Flower City Capital now owns 244,063 shares of the company’s stock valued at $82,669,000 after acquiring an additional 3,311 shares in the last quarter. OLD National Bancorp IN grew its stake in Vanguard Russell 1000 ETF by 2.8% during the 1st quarter. OLD National Bancorp IN now owns 105,777 shares of the company’s stock valued at $31,217,000 after purchasing an additional 2,908 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Vanguard Russell 1000 ETF by 5.0% during the 1st quarter. Cetera Investment Advisers now owns 98,852 shares of the company’s stock valued at $29,173,000 after purchasing an additional 4,702 shares in the last quarter.

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.