Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – What’s Next?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) reached a new 52-week high during trading on Wednesday . The stock traded as high as $254.72 and last traded at $254.72, with a volume of 2641 shares. The stock had previously closed at $253.40.

Vanguard Russell 3000 ETF Price Performance

The stock has a fifty day simple moving average of $245.79 and a two-hundred day simple moving average of $238.75. The firm has a market capitalization of $2.67 billion, a P/E ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.785 dividend. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. This represents a $3.14 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC acquired a new position in shares of Vanguard Russell 3000 ETF during the fourth quarter worth approximately $266,000. Tortoise Investment Management LLC bought a new position in shares of Vanguard Russell 3000 ETF in the fourth quarter valued at $84,000. Adirondack Trust Co. lifted its stake in shares of Vanguard Russell 3000 ETF by 14.6% in the fourth quarter. Adirondack Trust Co. now owns 10,449 shares of the company’s stock valued at $2,366,000 after buying an additional 1,333 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of Vanguard Russell 3000 ETF by 6.1% during the first quarter. Brookstone Capital Management now owns 1,480 shares of the company’s stock valued at $345,000 after buying an additional 85 shares during the last quarter. Finally, Diversified Trust Co increased its position in shares of Vanguard Russell 3000 ETF by 0.9% during the first quarter. Diversified Trust Co now owns 88,289 shares of the company’s stock worth $20,568,000 after acquiring an additional 824 shares in the last quarter.

Vanguard Russell 3000 ETF Company Profile

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.