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

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares saw unusually-high trading volume on Friday . Approximately 163,656 shares traded hands during mid-day trading, an increase of 311% from the previous session’s volume of 39,838 shares.The stock last traded at $245.50 and had previously closed at $250.63.

Vanguard Russell 3000 ETF Price Performance

The company’s 50 day moving average price is $260.93 and its two-hundred day moving average price is $260.39. The stock has a market capitalization of $3.08 billion, a PE ratio of 24.03 and a beta of 1.03.

Vanguard Russell 3000 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.7719 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $3.09 dividend on an annualized basis and a yield of 1.26%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VTHR. Ameriprise Financial Inc. lifted its position in Vanguard Russell 3000 ETF by 0.4% during the fourth quarter. Ameriprise Financial Inc. now owns 627,146 shares of the company’s stock worth $162,995,000 after buying an additional 2,768 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in shares of Vanguard Russell 3000 ETF during the 4th quarter worth $135,532,000. Lincoln National Corp acquired a new position in shares of Vanguard Russell 3000 ETF during the 4th quarter valued at about $119,545,000. Cliffwater LLC grew its holdings in shares of Vanguard Russell 3000 ETF by 30.6% in the fourth quarter. Cliffwater LLC now owns 262,086 shares of the company’s stock valued at $68,074,000 after purchasing an additional 61,414 shares during the period. Finally, Focus Partners Wealth increased its position in Vanguard Russell 3000 ETF by 5.7% during the fourth quarter. Focus Partners Wealth now owns 227,514 shares of the company’s stock worth $59,095,000 after purchasing an additional 12,365 shares during the last quarter.

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.