Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw an uptick in trading volume on Friday . 104,343 shares changed hands during mid-day trading, an increase of 272% from the previous session’s volume of 28,055 shares.The stock last traded at $266.13 and had previously closed at $264.54.

Vanguard Russell 3000 ETF Trading Up 0.5 %

The firm’s 50 day simple moving average is $256.90 and its 200 day simple moving average is $246.06. The firm has a market cap of $2.79 billion, a PE ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.785 dividend. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. This represents a $3.14 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

Several institutional investors have recently added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in shares of Vanguard Russell 3000 ETF during the 2nd quarter valued at approximately $735,000. AQR Capital Management LLC bought a new position in Vanguard Russell 3000 ETF during the second quarter valued at $2,891,000. International Assets Investment Management LLC bought a new position in Vanguard Russell 3000 ETF during the second quarter valued at $195,000. Waverly Advisors LLC purchased a new position in shares of Vanguard Russell 3000 ETF in the 1st quarter worth $2,079,000. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of Vanguard Russell 3000 ETF in the 2nd quarter worth about $307,000.

About Vanguard Russell 3000 ETF

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.