Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 1-Year High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $104.81 and last traded at $104.37, with a volume of 457630 shares traded. The stock had previously closed at $104.58.

Vanguard Russell 1000 Value ETF Stock Performance

The company has a market cap of $18.62 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The business has a fifty day moving average price of $98.73 and a 200 day moving average price of $95.97.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of institutional investors have recently modified their holdings of VONV. Atlanta Consulting Group Advisors LLC grew 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 acquiring an additional 108 shares during the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Russell 1000 Value ETF by 1.5% during 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 last quarter. Asset Management One Co. Ltd. grew its position in Vanguard Russell 1000 Value ETF by 20.3% during 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 last quarter. Balefire LLC grew its position in 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 acquiring an additional 120 shares during the last quarter. Finally, Assetmark Inc. grew its position in 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 acquiring an additional 121 shares during the last quarter.

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.