Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw strong trading volume on Friday . 1,742,706 shares changed hands during trading, an increase of 115% from the previous session’s volume of 811,850 shares.The stock last traded at $93.07 and had previously closed at $93.26.

Vanguard Russell 1000 Value ETF Price Performance

The stock has a fifty day simple moving average of $90.92 and a two-hundred day simple moving average of $88.38. The firm has a market capitalization of $14.64 billion, a P/E ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were paid a $0.4916 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.97 annualized dividend and a dividend yield of 2.1%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VONV. WPG Advisers LLC bought a new position in Vanguard Russell 1000 Value ETF in the third quarter worth approximately $26,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF during the third quarter valued at approximately $32,000. Register Financial Advisors LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF during the second quarter worth approximately $33,000. Victory Capital Management Inc. lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 139.6% in the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 261 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in Vanguard Russell 1000 Value ETF by 355.0% in 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 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.