Newport Wealth Strategies Inc. Acquires 1,000 Shares of Vanguard Russell 1000 (NASDAQ:VONE)

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Newport Wealth Strategies Inc. raised its holdings in Vanguard Russell 1000 (NASDAQ:VONE) by 5.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 19,186 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Vanguard Russell 1000 makes up 2.4% of Newport Wealth Strategies Inc.’s portfolio, making the stock its 11th biggest position. Newport Wealth Strategies Inc.’s holdings in Vanguard Russell 1000 were worth $2,610,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Russell 1000 by 122.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 61,569 shares of the company’s stock worth $7,997,000 after purchasing an additional 33,918 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Vanguard Russell 1000 in the 1st quarter worth about $62,000. FMR LLC grew its holdings in shares of Vanguard Russell 1000 by 83.3% in the 1st quarter. FMR LLC now owns 515 shares of the company’s stock worth $66,000 after purchasing an additional 234 shares during the last quarter. Selective Wealth Management Inc. bought a new stake in shares of Vanguard Russell 1000 in the 2nd quarter worth about $258,000. Finally, NEXT Financial Group Inc grew its holdings in shares of Vanguard Russell 1000 by 5,901.9% in the 2nd quarter. NEXT Financial Group Inc now owns 178,918 shares of the company’s stock worth $24,102,000 after purchasing an additional 175,937 shares during the last quarter.

Shares of VONE traded up $1.13 during trading hours on Wednesday, hitting $133.48. The stock had a trading volume of 37,632 shares, compared to its average volume of 43,261. The company’s fifty day moving average is $135.23 and its two-hundred day moving average is $133.75. Vanguard Russell 1000 has a 52 week low of $107.05 and a 52 week high of $138.99.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 27th were issued a $0.666 dividend. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.66 annualized dividend and a dividend yield of 2.00%.

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Institutional Ownership by Quarter for Vanguard Russell 1000 (NASDAQ:VONE)

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