Red Cedar Investment Management LLC Has $159.06 Million Stock Holdings in Vanguard Russell 1000 (NASDAQ:VONE)

Red Cedar Investment Management LLC cut its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 2.4% during the fourth quarter, Holdings Channel reports. The fund owned 733,209 shares of the company’s stock after selling 18,395 shares during the quarter. Vanguard Russell 1000 comprises about 22.9% of Red Cedar Investment Management LLC’s holdings, making the stock its biggest holding. Red Cedar Investment Management LLC’s holdings in Vanguard Russell 1000 were worth $159,062,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. M&T Bank Corp raised its stake in Vanguard Russell 1000 by 0.3% in the 3rd quarter. M&T Bank Corp now owns 20,735 shares of the company’s stock worth $4,036,000 after purchasing an additional 60 shares in the last quarter. Keystone Financial Group increased its position in shares of Vanguard Russell 1000 by 3.8% in the third quarter. Keystone Financial Group now owns 2,712 shares of the company’s stock worth $528,000 after purchasing an additional 100 shares during the period. Kestra Advisory Services LLC raised its stake in Vanguard Russell 1000 by 1.5% in the third quarter. Kestra Advisory Services LLC now owns 6,876 shares of the company’s stock valued at $1,338,000 after purchasing an additional 100 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in Vanguard Russell 1000 by 2.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,936 shares of the company’s stock worth $1,071,000 after purchasing an additional 102 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Vanguard Russell 1000 by 0.7% during the third quarter. Commonwealth Equity Services LLC now owns 17,292 shares of the company’s stock worth $3,366,000 after purchasing an additional 119 shares during the period.

Vanguard Russell 1000 Trading Up 1.2 %

VONE stock traded up $2.67 during mid-day trading on Friday, hitting $232.54. The stock had a trading volume of 58,458 shares, compared to its average volume of 70,200. The firm has a fifty day simple moving average of $233.02 and a 200 day simple moving average of $219.30. The firm has a market capitalization of $4.62 billion, a P/E ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a 52 week low of $183.23 and a 52 week high of $238.89.

Vanguard Russell 1000 Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.715 per share. The ex-dividend date was Thursday, March 21st. This represents a $2.86 annualized dividend and a dividend yield of 1.23%.

Vanguard Russell 1000 Profile

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.