Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 12-Month High – Still a Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) hit a new 52-week high on Wednesday . The company traded as high as $97.92 and last traded at $97.42, with a volume of 732596 shares. The stock had previously closed at $97.26.

Vanguard Russell 1000 Value ETF Trading Up 0.2%

The stock has a market cap of $15.33 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. The company has a 50 day simple moving average of $93.95 and a 200-day simple moving average of $90.44.

Vanguard Russell 1000 Value ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were given a dividend of $0.4916 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.97 dividend on an annualized basis and a yield of 2.0%.

Institutional Trading of Vanguard Russell 1000 Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VONV. International Assets Investment Management LLC acquired a new position in Vanguard Russell 1000 Value ETF during the fourth quarter worth $89,000. MGO One Seven LLC lifted its position in Vanguard Russell 1000 Value ETF by 4.0% during the 4th quarter. MGO One Seven LLC now owns 3,839 shares of the company’s stock worth $354,000 after buying an additional 146 shares in the last quarter. Indivisible Partners bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter worth about $2,467,000. BOKF NA boosted its stake in shares of Vanguard Russell 1000 Value ETF by 4.3% during the 4th quarter. BOKF NA now owns 66,567 shares of the company’s stock worth $6,144,000 after buying an additional 2,752 shares during the last quarter. Finally, MMA Asset Management LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter valued at about $1,003,000.

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.