Northwestern Mutual Wealth Management Co. Raises Stake in Vanguard Russell 1000 ETF $VONE

Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Russell 1000 ETF (NASDAQ:VONE) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,439 shares of the company’s stock after buying an additional 2,386 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.21% of Vanguard Russell 1000 ETF worth $15,279,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Moors & Cabot Inc. purchased a new stake in shares of Vanguard Russell 1000 ETF during the fourth quarter worth about $351,000. Kingsview Wealth Management LLC grew its holdings in shares of Vanguard Russell 1000 ETF by 2.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,451 shares of the company’s stock worth $448,000 after buying an additional 34 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its holdings in shares of Vanguard Russell 1000 ETF by 8.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 18,971 shares of the company’s stock worth $5,863,000 after buying an additional 1,416 shares in the last quarter. Carroll Advisory Group LLC purchased a new stake in shares of Vanguard Russell 1000 ETF during the fourth quarter worth about $2,509,000. Finally, Evoke Wealth LLC grew its holdings in shares of Vanguard Russell 1000 ETF by 0.3% during the fourth quarter. Evoke Wealth LLC now owns 90,849 shares of the company’s stock worth $28,076,000 after buying an additional 269 shares in the last quarter.

Vanguard Russell 1000 ETF Price Performance

Shares of NASDAQ VONE opened at $341.55 on Monday. The company has a 50-day simple moving average of $317.98 and a 200-day simple moving average of $312.53. Vanguard Russell 1000 ETF has a 12 month low of $265.20 and a 12 month high of $342.06. The company has a market cap of $8.07 billion, a PE ratio of 24.55 and a beta of 1.01.

Vanguard Russell 1000 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.8739 dividend. This is a boost from Vanguard Russell 1000 ETF’s previous quarterly dividend of $0.87. This represents a $3.50 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 24th.

About Vanguard Russell 1000 ETF

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.