VCI Wealth Management LLC Takes $2.67 Million Position in Vanguard Russell 1000 (NASDAQ:VONE)

VCI Wealth Management LLC bought a new stake in Vanguard Russell 1000 (NASDAQ:VONE) during the 4th quarter, Holdings Channel reports. The fund bought 12,284 shares of the company’s stock, valued at approximately $2,665,000. Vanguard Russell 1000 accounts for about 1.6% of VCI Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds also recently modified their holdings of the business. Nadler Financial Group Inc. raised its holdings in shares of Vanguard Russell 1000 by 2.8% in the fourth quarter. Nadler Financial Group Inc. now owns 7,420 shares of the company’s stock valued at $1,610,000 after purchasing an additional 205 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Vanguard Russell 1000 by 18.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 30,534 shares of the company’s stock valued at $6,624,000 after purchasing an additional 4,814 shares during the last quarter. Zhang Financial LLC raised its holdings in shares of Vanguard Russell 1000 by 3.4% in the fourth quarter. Zhang Financial LLC now owns 13,116 shares of the company’s stock valued at $2,845,000 after purchasing an additional 427 shares during the last quarter. Red Tortoise LLC increased its holdings in Vanguard Russell 1000 by 36.7% during the fourth quarter. Red Tortoise LLC now owns 1,357 shares of the company’s stock worth $294,000 after buying an additional 364 shares during the last quarter. Finally, Carnegie Capital Asset Management LLC increased its holdings in Vanguard Russell 1000 by 15.7% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 3,310 shares of the company’s stock worth $718,000 after buying an additional 450 shares during the last quarter.

Vanguard Russell 1000 Stock Performance

VONE traded down $0.97 during trading on Thursday, reaching $228.99. 61,799 shares of the stock were exchanged, compared to its average volume of 70,065. The stock has a market cap of $4.55 billion, a P/E ratio of 24.83 and a beta of 1.02. Vanguard Russell 1000 has a twelve month low of $183.23 and a twelve month high of $238.89. The stock’s 50 day moving average price is $232.79 and its two-hundred day moving average price is $217.70.

Vanguard Russell 1000 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were given a dividend of $0.715 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.86 dividend on an annualized basis and a yield of 1.25%.

About Vanguard Russell 1000

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.