Vanguard Russell 1000 (NASDAQ:VONE) Sets New 52-Week Low – What’s Next?

Vanguard Russell 1000 (NASDAQ:VONE)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $218.75 and last traded at $229.10, with a volume of 721673 shares changing hands. The stock had previously closed at $229.59.

Vanguard Russell 1000 Price Performance

The firm has a 50-day moving average of $264.39 and a 200 day moving average of $266.73. The company has a market capitalization of $4.77 billion, a PE ratio of 24.15 and a beta of 1.02.

Vanguard Russell 1000 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.7943 per share. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors bought a new stake in Vanguard Russell 1000 in the 3rd quarter worth approximately $406,000. IHT Wealth Management LLC purchased a new position in shares of Vanguard Russell 1000 in the 3rd quarter worth $228,000. Kovitz Investment Group Partners LLC bought a new stake in shares of Vanguard Russell 1000 in the third quarter worth $1,738,000. EP Wealth Advisors LLC grew its holdings in shares of Vanguard Russell 1000 by 271.9% in the third quarter. EP Wealth Advisors LLC now owns 4,418 shares of the company’s stock worth $1,149,000 after acquiring an additional 3,230 shares during the period. Finally, MML Investors Services LLC increased its position in Vanguard Russell 1000 by 13.9% during the third quarter. MML Investors Services LLC now owns 58,339 shares of the company’s stock valued at $15,172,000 after acquiring an additional 7,138 shares during the last quarter.

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.