Baird Financial Group Inc. Lowers Stock Holdings in Vanguard Russell 1000 ETF $VONE

Baird Financial Group Inc. reduced its holdings in Vanguard Russell 1000 ETF (NASDAQ:VONE) by 13.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,335 shares of the company’s stock after selling 17,671 shares during the quarter. Baird Financial Group Inc. owned approximately 0.49% of Vanguard Russell 1000 ETF worth $31,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VONE. CW Advisors LLC acquired a new position in shares of Vanguard Russell 1000 ETF during the 2nd quarter valued at about $258,000. M&T Bank Corp grew its holdings in Vanguard Russell 1000 ETF by 7.0% in the second quarter. M&T Bank Corp now owns 34,268 shares of the company’s stock valued at $9,625,000 after purchasing an additional 2,254 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Russell 1000 ETF by 5.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 47,003 shares of the company’s stock valued at $13,201,000 after purchasing an additional 2,263 shares during the period. Vermillion & White Wealth Management Group LLC acquired a new position in Vanguard Russell 1000 ETF during the second quarter worth approximately $434,000. Finally, Choreo LLC raised its stake in Vanguard Russell 1000 ETF by 18.7% during the second quarter. Choreo LLC now owns 59,646 shares of the company’s stock worth $16,752,000 after purchasing an additional 9,377 shares during the period.

Vanguard Russell 1000 ETF Stock Up 0.2%

Shares of VONE opened at $310.88 on Friday. Vanguard Russell 1000 ETF has a fifty-two week low of $218.75 and a fifty-two week high of $312.44. The company’s fifty day moving average is $305.09 and its two-hundred day moving average is $291.91. The firm has a market cap of $7.10 billion, a PE ratio of 24.55 and a beta of 1.02.

Vanguard Russell 1000 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.8463 per share. This represents a $3.39 dividend on an annualized basis and a yield of 1.1%. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Wednesday, September 24th.

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.