Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Russell 3000 ETF (NASDAQ:VTHR) shares saw unusually-strong trading volume on Thursday . Approximately 475,794 shares changed hands during mid-day trading, an increase of 1,605% from the previous session’s volume of 27,905 shares.The stock last traded at $265.61 and had previously closed at $265.86.

Vanguard Russell 3000 ETF Price Performance

The stock’s 50 day simple moving average is $255.02 and its two-hundred day simple moving average is $244.62. The company has a market capitalization of $2.73 billion, a P/E 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. Stockholders of record on Thursday, September 26th were given a dividend of $0.785 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 1.21%. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

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