Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sets New 12-Month High – Should You Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) hit a new 52-week high on Wednesday . The stock traded as high as $343.42 and last traded at $342.27, with a volume of 1593 shares trading hands. The stock had previously closed at $340.75.

Vanguard Russell 3000 ETF Trading Up 0.3%

The stock has a market capitalization of $4.84 billion, a P/E ratio of 24.16 and a beta of 1.01. The business has a fifty day simple moving average of $330.36 and a 200 day simple moving average of $315.38.

Vanguard Russell 3000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.8372 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.35 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

Several large investors have recently bought and sold shares of the stock. PVG Asset Management Corp boosted its holdings in Vanguard Russell 3000 ETF by 200.0% during the 1st quarter. PVG Asset Management Corp now owns 3,687 shares of the company’s stock worth $1,060,000 after acquiring an additional 2,458 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of Vanguard Russell 3000 ETF during the first quarter valued at about $75,000. Royal Bank of Canada boosted its holdings in Vanguard Russell 3000 ETF by 108.3% during the first quarter. Royal Bank of Canada now owns 19,182 shares of the company’s stock worth $5,516,000 after purchasing an additional 9,973 shares during the last quarter. Pennington Partners & CO. LLC boosted its holdings in Vanguard Russell 3000 ETF by 38.9% during the first quarter. Pennington Partners & CO. LLC now owns 63,762 shares of the company’s stock worth $18,336,000 after purchasing an additional 17,870 shares during the last quarter. Finally, Lido Advisors LLC grew its position in Vanguard Russell 3000 ETF by 5.9% in the 1st quarter. Lido Advisors LLC now owns 12,126 shares of the company’s stock worth $3,487,000 after purchasing an additional 675 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.