Northern Trust Corp Increases Holdings in Vanguard Russell 1000 (NASDAQ:VONE)

Northern Trust Corp raised its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 32.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,643 shares of the company's stock after buying an additional 10,848 shares during the quarter. Northern Trust Corp owned about 0.22% of Vanguard Russell 1000 worth $11,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp grew its stake in Vanguard Russell 1000 by 7.7% during the fourth quarter. Stifel Financial Corp now owns 353,423 shares of the company's stock valued at $94,267,000 after acquiring an additional 25,128 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Russell 1000 during the 4th quarter valued at about $72,938,000. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Russell 1000 by 4.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 242,244 shares of the company's stock valued at $64,611,000 after purchasing an additional 10,315 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Vanguard Russell 1000 by 36.0% during the fourth 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. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Russell 1000 in the fourth quarter worth about $59,823,000.

Vanguard Russell 1000 Stock Down 0.4%

Vanguard Russell 1000 stock traded down $1.08 during midday trading on Tuesday, reaching $269.61. 64,044 shares of the stock traded hands, compared to its average volume of 92,778. The stock has a market cap of $5.61 billion, a P/E ratio of 24.41 and a beta of 1.02. The stock's fifty day moving average is $250.94 and its 200-day moving average is $264.15. Vanguard Russell 1000 has a 12 month low of $218.75 and a 12 month high of $279.48.

Vanguard Russell 1000 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders 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 dividend yield of 1.18%.

Vanguard Russell 1000 Company 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.