HB Wealth Management LLC Buys New Shares in Vanguard Russell 1000 ETF (NASDAQ:VONE)

HB Wealth Management LLC bought a new stake in Vanguard Russell 1000 ETF (NASDAQ:VONE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,191 shares of the company’s stock, valued at approximately $303,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VONE. Bank of America Corp DE raised its holdings in shares of Vanguard Russell 1000 ETF by 63.9% during the fourth quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock valued at $170,514,000 after purchasing an additional 249,163 shares during the period. Apella Capital LLC raised its holdings in shares of Vanguard Russell 1000 ETF by 262.5% during the first quarter. Apella Capital LLC now owns 125,999 shares of the company’s stock valued at $31,015,000 after purchasing an additional 91,245 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Vanguard Russell 1000 ETF by 36.0% during the fourth quarter. Wells Fargo & Company MN now owns 226,226 shares of the company’s stock valued at $60,339,000 after purchasing an additional 59,898 shares during the period. Bank of New York Mellon Corp increased its position in shares of Vanguard Russell 1000 ETF by 12.8% during the first quarter. Bank of New York Mellon Corp now owns 252,460 shares of the company’s stock worth $64,090,000 after acquiring an additional 28,556 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of Vanguard Russell 1000 ETF by 7.7% during the fourth quarter. Stifel Financial Corp now owns 353,423 shares of the company’s stock worth $94,267,000 after acquiring an additional 25,128 shares in the last quarter.

Vanguard Russell 1000 ETF Price Performance

NASDAQ:VONE opened at $282.50 on Friday. The firm has a 50-day moving average of $278.72 and a 200-day moving average of $266.73. The company has a market cap of $6.39 billion, a PE ratio of 24.55 and a beta of 1.02. Vanguard Russell 1000 ETF has a one year low of $218.75 and a one year high of $290.76.

Vanguard Russell 1000 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were given a dividend of $0.7828 per share. The ex-dividend date of this dividend was Friday, June 20th. This represents a $3.13 annualized dividend and a dividend yield of 1.1%.

Vanguard Russell 1000 ETF 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.