SouthState Corp Invests $19.12 Million in Vanguard Russell 1000 ETF (NASDAQ:VONE)

SouthState Corp purchased a new position in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,301 shares of the company’s stock, valued at approximately $19,116,000. SouthState Corp owned approximately 0.34% of Vanguard Russell 1000 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of Vanguard Russell 1000 ETF by 63.9% in the fourth quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock worth $170,514,000 after purchasing an additional 249,163 shares during the last quarter. Apella Capital LLC grew its stake in shares of Vanguard Russell 1000 ETF by 262.5% in the first quarter. Apella Capital LLC now owns 125,999 shares of the company’s stock worth $31,015,000 after purchasing an additional 91,245 shares during the last quarter. Pasadena Private Wealth LLC bought a new stake in shares of Vanguard Russell 1000 ETF in the first quarter worth $16,851,000. Bank of New York Mellon Corp grew its stake in shares of Vanguard Russell 1000 ETF by 12.8% in the first quarter. Bank of New York Mellon Corp now owns 252,460 shares of the company’s stock worth $64,090,000 after purchasing an additional 28,556 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Vanguard Russell 1000 ETF by 7.7% in the fourth quarter. Stifel Financial Corp now owns 353,423 shares of the company’s stock worth $94,267,000 after purchasing an additional 25,128 shares during the last quarter.

Vanguard Russell 1000 ETF Trading Up 0.8%

Shares of VONE opened at $289.29 on Friday. The stock has a market capitalization of $6.54 billion, a P/E ratio of 24.55 and a beta of 1.02. The firm’s fifty day simple moving average is $280.74 and its two-hundred day simple moving average is $267.22. Vanguard Russell 1000 ETF has a 12 month low of $218.75 and a 12 month high of $290.76.

Vanguard Russell 1000 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders 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 dividend on an annualized basis and a yield of 1.1%.

Vanguard Russell 1000 ETF Company 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.