Pitcairn Co. Has $11.40 Million Stake in Vanguard Russell 1000 (NASDAQ:VONE)

Pitcairn Co. lifted its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 3,859.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,828 shares of the company’s stock after buying an additional 42,721 shares during the quarter. Vanguard Russell 1000 comprises approximately 0.7% of Pitcairn Co.’s investment portfolio, making the stock its 21st biggest holding. Pitcairn Co. owned about 0.22% of Vanguard Russell 1000 worth $11,398,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VONE. Sequoia Financial Advisors LLC grew its holdings in Vanguard Russell 1000 by 2.1% during the third quarter. Sequoia Financial Advisors LLC now owns 4,160 shares of the company’s stock valued at $1,082,000 after purchasing an additional 84 shares during the period. Endowment Wealth Management Inc. grew its holdings in Vanguard Russell 1000 by 1.0% during the third quarter. Endowment Wealth Management Inc. now owns 9,923 shares of the company’s stock valued at $2,581,000 after purchasing an additional 103 shares during the period. Peoples Bank KS acquired a new position in Vanguard Russell 1000 during the third quarter valued at approximately $34,000. Coldstream Capital Management Inc. grew its holdings in Vanguard Russell 1000 by 0.4% during the second quarter. Coldstream Capital Management Inc. now owns 38,973 shares of the company’s stock valued at $9,590,000 after purchasing an additional 171 shares during the period. Finally, Continuum Advisory LLC grew its holdings in Vanguard Russell 1000 by 4.5% during the second quarter. Continuum Advisory LLC now owns 4,163 shares of the company’s stock valued at $1,024,000 after purchasing an additional 180 shares during the period.

Vanguard Russell 1000 Stock Performance

Shares of NASDAQ VONE opened at $272.04 on Friday. The stock has a market cap of $5.41 billion, a P/E ratio of 24.78 and a beta of 1.02. The firm has a 50 day moving average price of $262.82 and a 200 day moving average price of $251.76. Vanguard Russell 1000 has a 52-week low of $205.97 and a 52-week high of $273.43.

Vanguard Russell 1000 Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.824 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.30 dividend on an annualized basis and a yield of 1.21%. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.81.

Vanguard Russell 1000 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.