Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Thursday . 58,595 shares were traded during trading, an increase of 50% from the previous session’s volume of 39,143 shares.The stock last traded at $308.94 and had previously closed at $309.24.

Vanguard Russell 3000 ETF Stock Down 0.0%

The firm has a market cap of $4.25 billion, a P/E ratio of 24.16 and a beta of 1.01. The business has a fifty day moving average of $297.75 and a 200 day moving average of $299.22.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a dividend of $0.8557 per share. The ex-dividend date was Tuesday, March 24th. This represents a $3.42 dividend on an annualized basis and a yield of 1.1%.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VTHR. Callan Family Office LLC bought a new position in Vanguard Russell 3000 ETF during the fourth quarter worth about $68,720,000. Morgan Stanley lifted its position in Vanguard Russell 3000 ETF by 91.9% during the fourth quarter. Morgan Stanley now owns 436,121 shares of the company’s stock worth $130,981,000 after acquiring an additional 208,822 shares during the last quarter. John S. & James L. Knight Foundation Inc. acquired a new stake in Vanguard Russell 3000 ETF during the fourth quarter worth approximately $46,175,000. OpenArc Corporate Advisory LLC acquired a new stake in Vanguard Russell 3000 ETF during the fourth quarter worth approximately $20,010,000. Finally, Ameriprise Financial Inc. lifted its position in Vanguard Russell 3000 ETF by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 589,189 shares of the company’s stock worth $173,437,000 after acquiring an additional 63,729 shares during the last quarter.

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.