Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw unusually-high trading volume on Wednesday . Approximately 90,875 shares changed hands during mid-day trading, an increase of 130% from the previous session’s volume of 39,508 shares.The stock last traded at $301.79 and had previously closed at $302.81.

Vanguard Russell 3000 ETF Price Performance

The company has a 50 day simple moving average of $299.50 and a 200-day simple moving average of $288.95. The stock has a market cap of $3.72 billion, a P/E ratio of 24.16 and a beta of 1.02.

Vanguard Russell 3000 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were issued a $0.893 dividend. This represents a $3.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, December 22nd.

Institutional Trading of Vanguard Russell 3000 ETF

Several hedge funds have recently added to or reduced their stakes in the business. BSW Wealth Partners purchased a new stake in Vanguard Russell 3000 ETF during the 2nd quarter valued at about $210,000. Adirondack Trust Co. increased its stake in Vanguard Russell 3000 ETF by 20.3% in the 2nd quarter. Adirondack Trust Co. now owns 24,674 shares of the company’s stock worth $6,730,000 after purchasing an additional 4,169 shares during the period. Evensky & Katz LLC boosted its stake in shares of Vanguard Russell 3000 ETF by 429.4% during the second quarter. Evensky & Katz LLC now owns 44,464 shares of the company’s stock valued at $12,128,000 after purchasing an additional 36,065 shares during the period. Mycio Wealth Partners LLC bought a new position in shares of Vanguard Russell 3000 ETF in the second quarter worth approximately $86,000. Finally, Family Firm Inc. increased its stake in shares of Vanguard Russell 3000 ETF by 3.6% in the second quarter. Family Firm Inc. now owns 41,713 shares of the company’s stock worth $11,377,000 after buying an additional 1,444 shares during the period.

Vanguard Russell 3000 ETF Company 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.