Vanguard Russell 3000 ETF (NASDAQ:VTHR) Hits New 1-Year High – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) reached a new 52-week high during trading on Wednesday . The stock traded as high as $261.90 and last traded at $261.90, with a volume of 522 shares traded. The stock had previously closed at $255.80.

Vanguard Russell 3000 ETF Stock Up 2.8 %

The firm’s 50 day simple moving average is $251.94 and its 200 day simple moving average is $242.64. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.785 dividend. This is a boost from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. This represents a $3.14 annualized dividend and a yield of 1.19%. The ex-dividend date was Thursday, September 26th.

Institutional Investors Weigh In On Vanguard Russell 3000 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rehmann Capital Advisory Group acquired a new stake in Vanguard Russell 3000 ETF in the first quarter worth approximately $203,000. Avantax Advisory Services Inc. boosted its stake in Vanguard Russell 3000 ETF by 29.6% during the first quarter. Avantax Advisory Services Inc. now owns 4,593 shares of the company’s stock valued at $1,070,000 after buying an additional 1,050 shares in the last quarter. SVB Wealth LLC grew its holdings in Vanguard Russell 3000 ETF by 94.1% during the first quarter. SVB Wealth LLC now owns 155,985 shares of the company’s stock worth $36,338,000 after acquiring an additional 75,623 shares during the period. Waverly Advisors LLC bought a new stake in Vanguard Russell 3000 ETF in the first quarter worth about $2,079,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Vanguard Russell 3000 ETF in the 1st quarter worth approximately $2,369,000.

About Vanguard Russell 3000 ETF

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.