Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 52-Week High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $98.77 and last traded at $98.57, with a volume of 1047062 shares. The stock had previously closed at $98.55.

Vanguard Russell 1000 Value ETF Stock Performance

The stock has a market capitalization of $15.51 billion, a P/E ratio of 19.46 and a beta of 0.89. The business has a 50 day simple moving average of $94.45 and a 200-day simple moving average of $90.76.

Vanguard Russell 1000 Value ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were issued a $0.4916 dividend. This represents a $1.97 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Trading of Vanguard Russell 1000 Value ETF

A number of large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 209.4% during the third quarter. Farther Finance Advisors LLC now owns 22,031 shares of the company’s stock worth $1,969,000 after purchasing an additional 14,911 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 46.9% during the 3rd quarter. DAVENPORT & Co LLC now owns 35,513 shares of the company’s stock worth $3,174,000 after buying an additional 11,345 shares during the last quarter. Bell Investment Advisors Inc bought a new position in shares of Vanguard Russell 1000 Value ETF in the 2nd quarter valued at about $54,000. Bernardo Wealth Planning LLC grew its holdings in shares of Vanguard Russell 1000 Value ETF by 2.1% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 334,949 shares of the company’s stock valued at $28,541,000 after acquiring an additional 6,899 shares in the last quarter. Finally, First Horizon Corp acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the third quarter valued at about $1,222,000.

Vanguard Russell 1000 Value ETF Company Profile

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.