MMA Asset Management LLC Makes New Investment in Vanguard Russell 1000 (NASDAQ:VONE)

MMA Asset Management LLC bought a new position in Vanguard Russell 1000 (NASDAQ:VONE) in the fourth quarter, HoldingsChannel.com reports. The fund bought 900 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors also recently modified their holdings of VONE. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Russell 1000 in the fourth quarter worth about $59,823,000. Pitcairn Co. raised its stake in shares of Vanguard Russell 1000 by 3,859.2% in the third quarter. Pitcairn Co. now owns 43,828 shares of the company’s stock worth $11,398,000 after acquiring an additional 42,721 shares during the last quarter. Apella Capital LLC bought a new stake in shares of Vanguard Russell 1000 during the fourth quarter worth approximately $9,270,000. Jackson Wealth Management LLC bought a new stake in shares of Vanguard Russell 1000 during the fourth quarter worth approximately $7,927,000. Finally, Stifel Financial Corp raised its stake in shares of Vanguard Russell 1000 by 8.5% during the third quarter. Stifel Financial Corp now owns 328,295 shares of the company’s stock worth $85,384,000 after buying an additional 25,606 shares during the last quarter.

Vanguard Russell 1000 Price Performance

VONE opened at $270.28 on Friday. The company has a market cap of $5.47 billion, a price-to-earnings ratio of 26.35 and a beta of 1.02. The firm has a 50 day simple moving average of $272.57 and a 200 day simple moving average of $266.04. Vanguard Russell 1000 has a fifty-two week low of $224.66 and a fifty-two week high of $279.48.

Vanguard Russell 1000 Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a dividend of $0.8477 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.