Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 12-Month High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $103.75 and last traded at $103.57, with a volume of 40818 shares. The stock had previously closed at $102.95.

Vanguard Russell 1000 Value ETF Trading Up 0.7%

The stock’s 50-day moving average is $97.98 and its 200-day moving average is $95.55. The stock has a market cap of $18.50 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.4117 per share. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Trading of Vanguard Russell 1000 Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Atlanta Consulting Group Advisors LLC increased its position in Vanguard Russell 1000 Value ETF by 0.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock worth $1,231,000 after purchasing an additional 108 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Vanguard Russell 1000 Value ETF by 1.5% in the 1st quarter. Bank of New York Mellon Corp now owns 7,449 shares of the company’s stock worth $698,000 after acquiring an additional 109 shares during the period. Asset Management One Co. Ltd. boosted its holdings in Vanguard Russell 1000 Value ETF by 20.3% in the 4th quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock worth $64,000 after acquiring an additional 117 shares during the period. Balefire LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 3.0% in the 1st quarter. Balefire LLC now owns 4,137 shares of the company’s stock worth $388,000 after acquiring an additional 120 shares during the period. Finally, Assetmark Inc. boosted its holdings in Vanguard Russell 1000 Value ETF by 9.2% in the 1st quarter. Assetmark Inc. now owns 1,433 shares of the company’s stock worth $134,000 after acquiring an additional 121 shares during the period.

About Vanguard Russell 1000 Value ETF

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.