Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 1-Year High – Here’s What Happened

Vanguard Russell 1000 Value ETF (NASDAQ:VONV – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $113.88 and last traded at $113.83, with a volume of 53229 shares trading hands. The stock had previously closed at $112.59.

Vanguard Russell 1000 Value ETF Price Performance

The firm’s fifty day moving average is $108.88 and its two-hundred day moving average is $102.36. The firm has a market cap of $21.29 billion, a price-to-earnings ratio of 19.46 and a beta of 0.83.

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Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.4102 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.64 annualized dividend and a dividend yield of 1.4%.

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at $33,000. Victory Capital Management Inc. raised its stake in shares of Vanguard Russell 1000 Value ETF by 139.6% in the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. grew its holdings in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after acquiring an additional 355 shares during the period. Integrity Financial Corp WA grew its holdings in Vanguard Russell 1000 Value ETF by 1,828.6% during the fourth quarter. Integrity Financial Corp WA now owns 540 shares of the company’s stock worth $50,000 after acquiring an additional 512 shares during the period. Finally, Russell Investments Group Ltd. raised its position in Vanguard Russell 1000 Value ETF by 920.0% in the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock worth $48,000 after acquiring an additional 506 shares in the last quarter.

About Vanguard Russell 1000 Value ETF

(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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