Independent Wealth Network Inc. Takes Position in Vanguard Russell 1000 ETF $VONE

Independent Wealth Network Inc. purchased a new stake in Vanguard Russell 1000 ETF (NASDAQ:VONE) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,963 shares of the company’s stock, valued at approximately $579,000.

A number of other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC increased its stake in Vanguard Russell 1000 ETF by 46.5% in the first quarter. AQR Capital Management LLC now owns 13,611 shares of the company’s stock valued at $3,455,000 after purchasing an additional 4,321 shares during the period. Franklin Resources Inc. acquired a new stake in shares of Vanguard Russell 1000 ETF during the second quarter worth about $98,000. CW Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 ETF during the second quarter worth about $258,000. Qube Research & Technologies Ltd grew its holdings in shares of Vanguard Russell 1000 ETF by 24.1% during the second quarter. Qube Research & Technologies Ltd now owns 392 shares of the company’s stock worth $110,000 after buying an additional 76 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Vanguard Russell 1000 ETF by 4.6% during the second quarter. NewEdge Advisors LLC now owns 8,983 shares of the company’s stock worth $2,523,000 after buying an additional 393 shares during the last quarter.

Vanguard Russell 1000 ETF Stock Up 0.1%

Shares of VONE stock opened at $332.03 on Friday. The stock’s 50-day moving average price is $332.04 and its 200 day moving average price is $316.66. The stock has a market capitalization of $7.84 billion, a PE ratio of 24.55 and a beta of 1.01. Vanguard Russell 1000 ETF has a 52-week low of $276.51 and a 52-week high of $343.25.

Vanguard Russell 1000 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.8643 dividend. This represents a $3.46 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th.

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.