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Keystone Financial Group Invests $2.05 Million in Vanguard Russell 1000 (NASDAQ:VONE)

Vanguard Russell 1000 logo with background

Keystone Financial Group purchased a new stake in Vanguard Russell 1000 (NASDAQ:VONE - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,675 shares of the company's stock, valued at approximately $2,047,000.

A number of other institutional investors have also added to or reduced their stakes in VONE. Raymond James Financial Inc. bought a new position in Vanguard Russell 1000 during the fourth quarter worth $72,938,000. Envestnet Asset Management Inc. increased its holdings in Vanguard Russell 1000 by 4.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 242,244 shares of the company's stock worth $64,611,000 after purchasing an additional 10,315 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Vanguard Russell 1000 by 36.0% during the 4th quarter. Wells Fargo & Company MN now owns 226,226 shares of the company's stock worth $60,339,000 after buying an additional 59,898 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Russell 1000 in the 4th quarter valued at $59,823,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Vanguard Russell 1000 by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 223,904 shares of the company's stock valued at $59,720,000 after acquiring an additional 2,075 shares during the period.

Vanguard Russell 1000 Stock Performance

Shares of NASDAQ VONE traded down $0.05 during trading on Friday, hitting $238.80. 356,471 shares of the company traded hands, compared to its average volume of 85,262. Vanguard Russell 1000 has a fifty-two week low of $218.75 and a fifty-two week high of $279.48. The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 24.15 and a beta of 1.02. The business's fifty day moving average is $257.12 and its 200 day moving average is $265.17.

Vanguard Russell 1000 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.7943 per share. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 1000 Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard Russell 1000 (NASDAQ:VONE)

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