Fairscale Capital LLC Invests $735,000 in Vanguard Russell 3000 ETF (NASDAQ:VTHR)

Fairscale Capital LLC acquired a new stake in shares of Vanguard Russell 3000 ETF (NASDAQ:VTHR) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,939 shares of the company’s stock, valued at approximately $735,000. Vanguard Russell 3000 ETF makes up approximately 0.6% of Fairscale Capital LLC’s investment portfolio, making the stock its 29th largest holding.

A number of other large investors have also added to or reduced their stakes in VTHR. Brookstone Capital Management increased its holdings in shares of Vanguard Russell 3000 ETF by 6.1% during the first quarter. Brookstone Capital Management now owns 1,480 shares of the company’s stock valued at $345,000 after acquiring an additional 85 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in Vanguard Russell 3000 ETF in the fourth quarter worth about $26,000. Family Firm Inc. lifted its stake in shares of Vanguard Russell 3000 ETF by 0.4% in the second quarter. Family Firm Inc. now owns 39,402 shares of the company’s stock worth $9,441,000 after buying an additional 167 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Vanguard Russell 3000 ETF by 0.4% during the second quarter. Raymond James & Associates now owns 59,235 shares of the company’s stock valued at $14,193,000 after buying an additional 249 shares during the last quarter. Finally, Koesten Hirschmann & Crabtree INC. increased its position in shares of Vanguard Russell 3000 ETF by 127.7% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 460 shares of the company’s stock valued at $107,000 after acquiring an additional 258 shares in the last quarter.

Vanguard Russell 3000 ETF Trading Down 0.4 %

VTHR stock opened at $252.12 on Friday. The stock’s 50 day simple moving average is $243.63 and its 200 day simple moving average is $236.73. Vanguard Russell 3000 ETF has a 12-month low of $181.59 and a 12-month high of $253.70. The stock has a market capitalization of $2.59 billion, a PE ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a dividend of $0.776 per share. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.66. This represents a $3.10 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, June 27th.

Vanguard Russell 3000 ETF Profile

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.