Envestnet Asset Management Inc. Raises Stock Position in Vanguard Russell 1000 (NASDAQ:VONE)

Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 242,244 shares of the company's stock after buying an additional 10,315 shares during the period. Envestnet Asset Management Inc. owned approximately 1.20% of Vanguard Russell 1000 worth $64,611,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Captrust Financial Advisors purchased a new stake in shares of Vanguard Russell 1000 in the third quarter valued at approximately $406,000. IHT Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 during the 3rd quarter worth about $228,000. Kovitz Investment Group Partners LLC purchased a new stake in Vanguard Russell 1000 in the 3rd quarter worth approximately $1,738,000. EP Wealth Advisors LLC grew its position 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 valued at $1,149,000 after purchasing an additional 3,230 shares during the period. Finally, Rehmann Capital Advisory Group acquired a new position in shares of Vanguard Russell 1000 during the 3rd quarter valued at about $210,000.

Vanguard Russell 1000 Stock Up 1.2 %

Shares of VONE traded up $2.94 during mid-day trading on Monday, hitting $245.00. The company had a trading volume of 175,214 shares, compared to its average volume of 83,486. Vanguard Russell 1000 has a 1-year low of $218.75 and a 1-year high of $279.48. The business's 50-day simple moving average is $259.86 and its 200-day simple moving average is $265.75. The stock has a market cap of $5.10 billion, a PE ratio of 24.15 and a beta of 1.02.

Remove Ads

Vanguard Russell 1000 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.7943 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.30%.

Vanguard Russell 1000 Profile

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.