Vanguard Russell 1000 (NASDAQ:VONE) Sees Strong Trading Volume – Still a Buy?

Vanguard Russell 1000 (NASDAQ:VONE) saw unusually-high trading volume on Monday . Approximately 220,016 shares traded hands during mid-day trading, an increase of 167% from the previous session’s volume of 82,502 shares.The stock last traded at $272.42 and had previously closed at $277.27.

Vanguard Russell 1000 Stock Performance

The business’s 50-day simple moving average is $271.96 and its 200 day simple moving average is $261.30. The firm has a market cap of $5.51 billion, a P/E ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a dividend of $0.8477 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Silver Lake Advisory LLC purchased a new stake in shares of Vanguard Russell 1000 in the second quarter worth $25,526,000. Renaissance Technologies LLC boosted its stake in shares of Vanguard Russell 1000 by 9.2% in the second quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock worth $2,338,000 after acquiring an additional 800 shares during the period. AQR Capital Management LLC raised its stake in Vanguard Russell 1000 by 341.2% during the 2nd quarter. AQR Capital Management LLC now owns 4,324 shares of the company’s stock valued at $1,064,000 after purchasing an additional 3,344 shares during the period. Creative Planning lifted its holdings in Vanguard Russell 1000 by 15.8% in the 2nd quarter. Creative Planning now owns 34,761 shares of the company’s stock worth $8,554,000 after purchasing an additional 4,734 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Vanguard Russell 1000 by 131.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 23,451 shares of the company’s stock valued at $5,790,000 after buying an additional 13,325 shares in the last quarter.

Vanguard Russell 1000 Company 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.