Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 52-Week High – What’s Next?

Vanguard Russell 1000 Value ETF (NASDAQ:VONVGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $108.03 and last traded at $107.92, with a volume of 128858 shares trading hands. The stock had previously closed at $106.94.

Vanguard Russell 1000 Value ETF Stock Performance

The stock has a market capitalization of $20.50 billion, a P/E ratio of 19.46 and a beta of 0.84. The stock’s fifty day moving average price is $104.08 and its two-hundred day moving average price is $98.73.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.4102 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 annualized dividend and a dividend yield of 1.5%.

Institutional Trading of Vanguard Russell 1000 Value ETF

Several hedge funds have recently added to or reduced their stakes in VONV. Wellington Management Group LLP boosted its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after buying an additional 4,894,074 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Russell 1000 Value ETF by 14.7% in the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after buying an additional 3,543,885 shares during the period. Valpey Financial Services LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 9,192.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after buying an additional 3,421,345 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Russell 1000 Value ETF by 227.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock valued at $247,752,000 after acquiring an additional 1,865,509 shares during the last quarter. Finally, OpenArc Corporate Advisory LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF in the 4th quarter valued at about $135,878,000.

Vanguard Russell 1000 Value ETF Company Profile

(Get Free Report)

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund tracks an index of value stocks selected from the 1,000 largest US companies. VONV was launched on Sep 20, 2010 and is managed by Vanguard.

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