Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 1-Year High – Here’s What Happened

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high on Monday . The company traded as high as $103.13 and last traded at $102.87, with a volume of 15156 shares changing hands. The stock had previously closed at $102.61.

Vanguard Russell 1000 Value ETF Price Performance

The stock has a fifty day moving average price of $96.97 and a two-hundred day moving average price of $94.67. The company has a market cap of $18.36 billion, a P/E ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. YANKCOM Partnership bought a new position in shares of Vanguard Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. WPG Advisers LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the third quarter valued at approximately $26,000. Fairway Wealth LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the third quarter valued at approximately $32,000. Quadrant Capital Group LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the fourth quarter valued at approximately $33,000. Finally, Victory Capital Management Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after acquiring an additional 261 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.