Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 12-Month High – What’s Next?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $109.39 and last traded at $109.38, with a volume of 293455 shares changing hands. The stock had previously closed at $108.52.

Vanguard Russell 1000 Value ETF Stock Performance

The company’s 50 day moving average price is $105.30 and its 200 day moving average price is $99.65. The company has a market cap of $20.47 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Trading of Vanguard Russell 1000 Value ETF

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

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.