Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 1-Year High – What’s Next?

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high on Thursday . The company traded as high as $108.03 and last traded at $107.92, with a volume of 128858 shares. The stock had previously closed at $106.94.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

The company has a market capitalization of $20.44 billion, a PE ratio of 19.46 and a beta of 0.84. The stock’s fifty day moving average is $103.72 and its two-hundred day moving average is $98.55.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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. YANKCOM Partnership bought a new stake in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth $25,000. Quadrant Capital Group LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $33,000. Victory Capital Management Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after purchasing an additional 355 shares during the last quarter. Finally, Optima Capital LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth approximately $45,000.

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.