Newport Wealth Strategies Inc. boosted its stake in shares of Vanguard Russell 1000 (NASDAQ:VONE) by 5.5% during the third quarter, according to its most recent disclosure with the SEC. 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 comprises approximately 2.4% of Newport Wealth Strategies Inc.’s holdings, making the stock its 11th largest position. Newport Wealth Strategies Inc. owned approximately 0.22% of Vanguard Russell 1000 worth $2,610,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in Vanguard Russell 1000 in the first quarter valued at approximately $62,000. FMR LLC lifted its stake in Vanguard Russell 1000 by 83.3% in the first quarter. FMR LLC now owns 515 shares of the company’s stock valued at $66,000 after acquiring an additional 234 shares during the last quarter. Doyle Wealth Management acquired a new stake in Vanguard Russell 1000 in the second quarter valued at approximately $70,000. Redhawk Wealth Advisors Inc. acquired a new stake in Vanguard Russell 1000 in the second quarter valued at approximately $101,000. Finally, Advisor Group Inc. lifted its stake in Vanguard Russell 1000 by 16.9% in the second quarter. Advisor Group Inc. now owns 1,029 shares of the company’s stock valued at $138,000 after acquiring an additional 149 shares during the last quarter.

NASDAQ VONE traded up $1.13 during trading on Wednesday, reaching $133.48. The company’s stock had a trading volume of 37,632 shares, compared to its average volume of 43,261. The business has a 50-day moving average price of $135.23 and a 200-day moving average price of $133.75. Vanguard Russell 1000 has a 1-year low of $107.05 and a 1-year high of $138.99.

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

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

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