Red Cedar Investment Management LLC Has $159.06 Million Stock Position in Vanguard Russell 1000 (NASDAQ:VONE)

Red Cedar Investment Management LLC trimmed its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 733,209 shares of the company’s stock after selling 18,395 shares during the quarter. Vanguard Russell 1000 comprises 22.9% of Red Cedar Investment Management LLC’s holdings, making the stock its biggest position. Red Cedar Investment Management LLC owned about 3.73% of Vanguard Russell 1000 worth $159,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. West Branch Capital LLC acquired a new position in Vanguard Russell 1000 during the fourth quarter worth about $39,000. Huntington National Bank raised its holdings in shares of Vanguard Russell 1000 by 20,400.0% in the 3rd quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $40,000 after purchasing an additional 204 shares in the last quarter. Castleview Partners LLC bought a new stake in shares of Vanguard Russell 1000 in the 3rd quarter worth approximately $49,000. Red Tortoise LLC lifted its stake in Vanguard Russell 1000 by 102.7% during the third quarter. Red Tortoise LLC now owns 993 shares of the company’s stock valued at $193,000 after purchasing an additional 503 shares during the last quarter. Finally, McLean Asset Management Corp bought a new stake in Vanguard Russell 1000 during the fourth quarter worth approximately $206,000.

Vanguard Russell 1000 Stock Up 1.2 %

Vanguard Russell 1000 stock traded up $2.67 during mid-day trading on Friday, hitting $232.54. The company’s stock had a trading volume of 58,458 shares, compared to its average volume of 70,200. Vanguard Russell 1000 has a twelve month low of $183.23 and a twelve month high of $238.89. The stock’s fifty day moving average price is $233.02 and its two-hundred day moving average price is $219.30. The stock has a market capitalization of $4.62 billion, a P/E ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were given a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, March 21st.

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.