Verus Wealth Management LLC Acquires New Position in Vanguard Russell 1000 (NASDAQ:VONE)

Verus Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,398 shares of the company's stock, valued at approximately $640,000.

Several other institutional investors have also added to or reduced their stakes in VONE. Cherrydale Wealth Management LLC lifted its stake in shares of Vanguard Russell 1000 by 68.8% in the 4th quarter. Cherrydale Wealth Management LLC now owns 62,406 shares of the company's stock valued at $16,645,000 after purchasing an additional 25,438 shares during the last quarter. Sawgrass Asset Management LLC increased its holdings in shares of Vanguard Russell 1000 by 24.0% in the 3rd quarter. Sawgrass Asset Management LLC now owns 50,222 shares of the company's stock valued at $13,061,000 after acquiring an additional 9,734 shares during the period. PFW Advisors LLC purchased a new position in shares of Vanguard Russell 1000 in the 4th quarter valued at $1,435,000. Brookstone Capital Management grew its stake in Vanguard Russell 1000 by 7.5% during the 4th quarter. Brookstone Capital Management now owns 69,825 shares of the company's stock worth $18,624,000 after buying an additional 4,899 shares during the last quarter. Finally, Creative Planning grew its stake in Vanguard Russell 1000 by 15.8% during the 2nd quarter. Creative Planning now owns 34,761 shares of the company's stock worth $8,554,000 after buying an additional 4,734 shares during the last quarter.

Vanguard Russell 1000 Price Performance

VONE traded down $0.79 on Friday, reaching $275.17. 67,557 shares of the stock were exchanged, compared to its average volume of 85,608. The company's 50-day moving average price is $272.48 and its 200 day moving average price is $261.95. Vanguard Russell 1000 has a fifty-two week low of $219.81 and a fifty-two week high of $278.53. The firm has a market capitalization of $5.57 billion, a PE ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Dividend Announcement

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

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.