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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $103.13 and last traded at $102.87, with a volume of 15156 shares traded. The stock had previously closed at $102.61.

Vanguard Russell 1000 Value ETF Stock Up 0.3%

The company has a market capitalization of $18.36 billion, a PE ratio of 19.46 and a beta of 0.84. The company has a 50-day moving average price of $96.97 and a two-hundred day moving average price of $94.67.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.4117 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $1.65 annualized dividend and a dividend yield of 1.6%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Several hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of Vanguard Russell 1000 Value ETF by 3.0% in the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after purchasing an additional 823,792 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Russell 1000 Value ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock valued at $1,053,911,000 after purchasing an additional 891,173 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after purchasing an additional 4,894,074 shares in the last quarter. TIAA Trust National Association boosted its stake in Vanguard Russell 1000 Value ETF by 4.0% during the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock valued at $436,277,000 after buying an additional 181,325 shares during the period. Finally, Valpey Financial Services LLC boosted its stake in Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after buying an additional 3,421,345 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.