Downshift Financial LLC Acquires New Shares in Vanguard Russell 1000 ETF $VONE

Downshift Financial LLC acquired a new position in Vanguard Russell 1000 ETF (NASDAQ:VONE) in the 4th quarter, Holdings Channel reports. The firm acquired 2,633 shares of the company’s stock, valued at approximately $807,000. Vanguard Russell 1000 ETF comprises 0.5% of Downshift Financial LLC’s investment portfolio, making the stock its 26th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth raised its position in Vanguard Russell 1000 ETF by 20,765.5% in the third quarter. Focus Partners Wealth now owns 8,677,739 shares of the company’s stock valued at $2,623,714,000 after purchasing an additional 8,636,150 shares during the period. Keybank National Association OH grew its holdings in shares of Vanguard Russell 1000 ETF by 86.2% during the 4th quarter. Keybank National Association OH now owns 119,094 shares of the company’s stock worth $36,805,000 after purchasing an additional 55,117 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Vanguard Russell 1000 ETF by 70.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 109,285 shares of the company’s stock worth $33,773,000 after purchasing an additional 45,115 shares during the last quarter. Morgan Stanley increased its position in shares of Vanguard Russell 1000 ETF by 3.1% during the 4th quarter. Morgan Stanley now owns 1,201,654 shares of the company’s stock worth $371,360,000 after purchasing an additional 36,686 shares during the last quarter. Finally, Clearstead Advisors LLC raised its holdings in Vanguard Russell 1000 ETF by 314.5% in the 3rd quarter. Clearstead Advisors LLC now owns 44,892 shares of the company’s stock valued at $13,573,000 after buying an additional 34,061 shares during the period.

Vanguard Russell 1000 ETF Stock Performance

Shares of VONE opened at $337.38 on Friday. The company’s 50-day moving average price is $330.23 and its 200 day moving average price is $315.96. Vanguard Russell 1000 ETF has a 12-month low of $269.08 and a 12-month high of $343.25. The firm has a market cap of $7.97 billion, a P/E ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th will be paid a $0.8643 dividend. This represents a $3.46 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is 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.