Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Large Volume Increase – Should You Buy?

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw unusually-strong trading volume on Thursday . Approximately 39,838 shares were traded during trading, an increase of 77% from the previous session’s volume of 22,537 shares.The stock last traded at $253.55 and had previously closed at $256.80.

Vanguard Russell 3000 ETF Price Performance

The company has a market capitalization of $2.66 billion, a PE ratio of 23.71 and a beta of 1.03. The company’s fifty day moving average is $251.62 and its 200-day moving average is $241.70.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a yield of 1.24%. This is a positive change from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

Several institutional investors have recently bought and sold shares of VTHR. International Assets Investment Management LLC grew its holdings in Vanguard Russell 3000 ETF by 25,267.0% in the third quarter. International Assets Investment Management LLC now owns 206,741 shares of the company’s stock worth $52,444,000 after purchasing an additional 205,926 shares during the last quarter. Natixis Advisors LLC grew its holdings in Vanguard Russell 3000 ETF by 119.8% in the second quarter. Natixis Advisors LLC now owns 152,238 shares of the company’s stock worth $36,476,000 after purchasing an additional 82,988 shares during the last quarter. SVB Wealth LLC grew its holdings in Vanguard Russell 3000 ETF by 94.1% in the first quarter. SVB Wealth LLC now owns 155,985 shares of the company’s stock worth $36,338,000 after purchasing an additional 75,623 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard Russell 3000 ETF by 486.0% in the second quarter. Envestnet Asset Management Inc. now owns 27,634 shares of the company’s stock worth $6,621,000 after purchasing an additional 22,918 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Vanguard Russell 3000 ETF in the second quarter worth $2,944,000.

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.