Modern Wealth Management LLC boosted its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,606 shares of the company's stock after purchasing an additional 3,516 shares during the quarter. Vanguard Russell 1000 comprises 0.9% of Modern Wealth Management LLC's portfolio, making the stock its 23rd largest holding. Modern Wealth Management LLC owned approximately 0.48% of Vanguard Russell 1000 worth $26,953,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in shares of Vanguard Russell 1000 in the fourth quarter worth about $27,000. Farther Finance Advisors LLC acquired a new stake in Vanguard Russell 1000 in the 4th quarter valued at approximately $43,000. Assetmark Inc. increased its position in Vanguard Russell 1000 by 113.9% in the 4th quarter. Assetmark Inc. now owns 169 shares of the company's stock worth $45,000 after buying an additional 90 shares during the period. Synergy Asset Management LLC acquired a new position in shares of Vanguard Russell 1000 during the fourth quarter worth approximately $47,000. Finally, MCF Advisors LLC bought a new stake in shares of Vanguard Russell 1000 in the fourth quarter valued at approximately $64,000.
Vanguard Russell 1000 Trading Down 1.9 %
VONE stock traded down $5.00 during trading on Friday, reaching $252.56. 85,949 shares of the stock were exchanged, compared to its average volume of 71,380. The stock has a 50 day simple moving average of $268.08 and a 200-day simple moving average of $267.07. The company has a market capitalization of $5.11 billion, a P/E ratio of 24.49 and a beta of 1.02. Vanguard Russell 1000 has a twelve month low of $224.66 and a twelve month high of $279.48.
Vanguard Russell 1000 Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.7943 per share. The ex-dividend date was Tuesday, March 25th. This represents a $3.18 dividend on an annualized basis and a yield of 1.26%.
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.
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