Fifth Third Bancorp Decreases Stake in Vanguard Russell 3000 ETF (NASDAQ:VTHR)

Fifth Third Bancorp reduced its stake in Vanguard Russell 3000 ETF (NASDAQ:VTHR) by 5.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,370 shares of the company’s stock after selling 1,268 shares during the quarter. Fifth Third Bancorp owned about 0.21% of Vanguard Russell 3000 ETF worth $5,120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. raised its position in Vanguard Russell 3000 ETF by 86.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 3,543 shares of the company’s stock worth $754,000 after buying an additional 1,644 shares during the last quarter. Brookstone Capital Management raised its position in Vanguard Russell 3000 ETF by 6.1% during the 1st quarter. Brookstone Capital Management now owns 1,480 shares of the company’s stock worth $345,000 after buying an additional 85 shares during the last quarter. Keystone Financial Group raised its position in Vanguard Russell 3000 ETF by 2.1% during the 4th quarter. Keystone Financial Group now owns 2,415 shares of the company’s stock worth $514,000 after buying an additional 50 shares during the last quarter. Private Advisor Group LLC raised its position in Vanguard Russell 3000 ETF by 1,291.5% during the 4th quarter. Private Advisor Group LLC now owns 76,660 shares of the company’s stock worth $16,315,000 after buying an additional 71,151 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Vanguard Russell 3000 ETF by 21.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 10,501 shares of the company’s stock worth $2,446,000 after buying an additional 1,860 shares during the last quarter.

Vanguard Russell 3000 ETF Trading Up 0.5 %

VTHR opened at $247.93 on Thursday. Vanguard Russell 3000 ETF has a 12-month low of $181.59 and a 12-month high of $250.12. The firm has a market capitalization of $2.55 billion, a PE ratio of 23.71 and a beta of 1.03. The firm has a 50 day moving average of $241.27 and a two-hundred day moving average of $233.04.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were given a dividend of $0.776 per share. The ex-dividend date of this dividend was Thursday, June 27th. This is a positive change from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.66. This represents a $3.10 dividend on an annualized basis and a yield of 1.25%.

Vanguard Russell 3000 ETF Profile

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.