Marcin Frąckiewicz

May 21, 2026, 4:29 PM EDT. Pennington Partners & Co. increased its holding in Vanguard Russell 3000 ETF (NASDAQ: VTHR) by 17,870 shares, valued at $5.4 million in Q1 2026. The stake now accounts for 6.3% of Pennington's $5.8 billion assets under management (AUM) and ranks fourth among its top holdings. VTHR tracks the Russell 3000 Index, offering diversified exposure to nearly the entire U.S. equity market across large, mid, and small-cap companies. With a 0.06% expense ratio and a 1.05% dividend yield, VTHR posted a 26% one-year return, slightly trailing the S&P 500. Pennington's increased investment signals confidence in the broad U.S. equity market, emphasizing diversification over sector-specific bets.