Vanguard Russell 3000 ETF (NASDAQ:VTHR) Sees Large Volume Increase – Time to Buy?

Shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw unusually-strong trading volume on Wednesday . Approximately 55,950 shares changed hands during trading, an increase of 46% from the previous session’s volume of 38,355 shares.The stock last traded at $304.34 and had previously closed at $303.63.

Vanguard Russell 3000 ETF Price Performance

The company has a market cap of $3.78 billion, a P/E ratio of 24.16 and a beta of 1.02. The stock has a 50-day moving average of $298.85 and a 200 day moving average of $287.68.

Vanguard Russell 3000 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a $0.893 dividend. The ex-dividend date was Monday, December 22nd. This represents a $3.57 annualized dividend and a dividend yield of 1.2%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VTHR. Adirondack Trust Co. increased its stake in shares of Vanguard Russell 3000 ETF by 20.3% in the 2nd quarter. Adirondack Trust Co. now owns 24,674 shares of the company’s stock valued at $6,730,000 after purchasing an additional 4,169 shares during the last quarter. BSW Wealth Partners bought a new stake in shares of Vanguard Russell 3000 ETF during the 2nd quarter worth $210,000. Evensky & Katz LLC boosted its stake in Vanguard Russell 3000 ETF by 429.4% in the second quarter. Evensky & Katz LLC now owns 44,464 shares of the company’s stock valued at $12,128,000 after buying an additional 36,065 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Vanguard Russell 3000 ETF in the second quarter valued at about $736,000. Finally, Creative Planning grew its position in Vanguard Russell 3000 ETF by 4.9% in the second quarter. Creative Planning now owns 3,967 shares of the company’s stock valued at $1,082,000 after acquiring an additional 184 shares during the last quarter.

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.