ETFs

Stratos Wealth Advisors Increases Stake in Vanguard Russell 1000

Published October 19, 2024

Stratos Wealth Advisors LLC has increased its investment in Vanguard Russell 1000 (NASDAQ:VONE - Free Report) by 9.9% in the third quarter, as revealed in their latest filing with the Securities & Exchange Commission. After acquiring an additional 2,021 shares during the quarter, the firm now owns a total of 22,496 shares of Vanguard Russell 1000. At the end of the recent quarter, Stratos Wealth Advisors LLC held approximately 0.11% of the total shares, valued at about $5,851,000.

A number of other large investment firms have also made notable changes to their holdings in Vanguard Russell 1000. For instance, Peoples Bank KS entered a new position during the third quarter worth $34,000. Geneos Wealth Management Inc. initiated a new investment in the first quarter valued at $35,000. Meanwhile, PNC Financial Services Group Inc. established a new position during the fourth quarter, with an investment worth $108,000. Moreover, Ashton Thomas Private Wealth LLC made a fresh investment in the second quarter worth $143,000, and Inspirion Wealth Advisors LLC acquired a new stake in the first quarter valued at $211,000.

Recent Performance and Stock Metrics

On Friday, Vanguard Russell 1000 shares opened at $265.10. The company has a market capitalization of $5.27 billion, a P/E ratio of 24.78, and a beta of 1.02. Currently, the stock has a fifty-day simple moving average of $255.47 and a 200-day simple moving average of $245.96. Over the past year, Vanguard Russell 1000 has seen a low of $185.74 and a high of $265.76.

Dividend Announcement

In addition to its stock performance, Vanguard Russell 1000 recently declared a quarterly dividend. This payment was made on Monday, September 30th, to investors of record as of Thursday, September 26th, who received a dividend of $0.824. This marks an increase from the previous quarterly dividend of $0.81. The annualized dividend now stands at $3.30, yielding 1.24%. The ex-dividend date was also established as Thursday, September 26th.

Company Overview

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund designed to track the Russell 1000 index, which comprises the 1,000 largest publicly traded companies in the United States by market capitalization. Launched on September 20, 2010, VONE is managed by Vanguard.

Investment Considerations

If you are contemplating investing $1,000 in Vanguard Russell 1000, you might want to take a look at other investment options. Market analysts have pointed out five stocks that they believe are more promising than Vanguard Russell 1000 at the moment. While VONE maintains a "hold" rating among analysts, several recommend alternative stocks with greater potential).

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