Envestnet Asset Management Inc. Boosts Stake in Vanguard Russell 1000 (NASDAQ:VONE)

Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 4.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 242,244 shares of the company's stock after purchasing an additional 10,315 shares during the period. Envestnet Asset Management Inc. owned approximately 1.20% of Vanguard Russell 1000 worth $64,611,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Vanguard Russell 1000 during the fourth quarter worth about $72,938,000. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Russell 1000 in the 4th quarter worth approximately $59,823,000. Wells Fargo & Company MN increased its stake in Vanguard Russell 1000 by 36.0% in the 4th quarter. Wells Fargo & Company MN now owns 226,226 shares of the company's stock valued at $60,339,000 after purchasing an additional 59,898 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in Vanguard Russell 1000 during the fourth quarter worth $9,654,000. Finally, Apella Capital LLC purchased a new stake in Vanguard Russell 1000 during the fourth quarter worth $9,270,000.

Vanguard Russell 1000 Trading Up 0.3 %

Shares of VONE stock traded up $0.66 during mid-day trading on Tuesday, reaching $245.07. The stock had a trading volume of 40,725 shares, compared to its average volume of 83,409. The company has a market cap of $5.10 billion, a P/E ratio of 24.15 and a beta of 1.02. Vanguard Russell 1000 has a 12-month low of $218.75 and a 12-month high of $279.48. The business has a 50-day simple moving average of $259.24 and a 200 day simple moving average of $265.65.

Vanguard Russell 1000 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.7943 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $3.18 annualized dividend and a yield of 1.30%.

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.