Independent Advisor Alliance Takes $355,000 Position in Vanguard Russell 1000 (NASDAQ:VONE)

Independent Advisor Alliance acquired a new stake in Vanguard Russell 1000 (NASDAQ:VONE) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,329 shares of the company’s stock, valued at approximately $355,000.

A number of other hedge funds also recently made changes to their positions in the business. Stifel Financial Corp lifted its position in shares of Vanguard Russell 1000 by 8.5% in the third quarter. Stifel Financial Corp now owns 328,295 shares of the company’s stock valued at $85,384,000 after buying an additional 25,606 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Russell 1000 in the fourth quarter valued at approximately $72,938,000. Cerity Partners LLC lifted its position in shares of Vanguard Russell 1000 by 0.8% in the third quarter. Cerity Partners LLC now owns 248,652 shares of the company’s stock valued at $64,667,000 after buying an additional 1,920 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Russell 1000 in the fourth quarter valued at approximately $59,823,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Vanguard Russell 1000 by 0.9% in the fourth quarter. Bank of New York Mellon Corp now owns 223,904 shares of the company’s stock valued at $59,720,000 after buying an additional 2,075 shares during the last quarter.

Vanguard Russell 1000 Trading Down 1.1 %

NASDAQ:VONE opened at $254.74 on Wednesday. The stock has a market cap of $5.15 billion, a P/E ratio of 24.49 and a beta of 1.02. The stock has a 50 day simple moving average of $269.67 and a 200 day simple moving average of $266.70. Vanguard Russell 1000 has a 1-year low of $224.66 and a 1-year high of $279.48.

Vanguard Russell 1000 Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.8477 per share. The ex-dividend date was Monday, December 23rd.

About Vanguard Russell 1000

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.