Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 1-Year High – Should You Buy?

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high during trading on Tuesday . The company traded as high as $101.89 and last traded at $101.79, with a volume of 247062 shares. The stock had previously closed at $100.71.

Vanguard Russell 1000 Value ETF Price Performance

The stock has a market cap of $18.17 billion, a P/E ratio of 19.46 and a beta of 0.84. The business’s fifty day moving average price is $96.75 and its 200 day moving average price is $94.39.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth approximately $25,000. WPG Advisers LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter worth approximately $26,000. Fairway Wealth LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter worth approximately $32,000. Quadrant Capital Group LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth approximately $33,000. Finally, Victory Capital Management Inc. lifted its position 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 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.