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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $95.60 and last traded at $95.50, with a volume of 681551 shares changing hands. The stock had previously closed at $95.47.

Vanguard Russell 1000 Value ETF Stock Up 0.0%

The stock has a 50-day moving average price of $91.85 and a 200 day moving average price of $89.29. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.4916 per share. This represents a $1.97 annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, December 22nd.

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VONV. Bank of America Corp DE grew its stake in shares of Vanguard Russell 1000 Value ETF by 3.0% during the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after purchasing an additional 823,792 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after buying an additional 4,894,074 shares during the last quarter. TIAA Trust National Association lifted its holdings in Vanguard Russell 1000 Value ETF by 3.3% during the 3rd quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after buying an additional 144,549 shares during the last quarter. Phoenix Financial Ltd. acquired a new position in shares of Vanguard Russell 1000 Value ETF during the 3rd quarter worth about $259,530,000. Finally, SageView Advisory Group LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 8.0% in the 2nd quarter. SageView Advisory Group LLC now owns 2,780,136 shares of the company’s stock valued at $241,927,000 after acquiring an additional 205,463 shares during the last quarter.

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.