Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 52-Week High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $109.39 and last traded at $109.38, with a volume of 293455 shares traded. The stock had previously closed at $108.52.

Vanguard Russell 1000 Value ETF Price Performance

The stock’s 50 day moving average is $105.58 and its two-hundred day moving average is $99.82. The stock has a market capitalization of $20.38 billion, a PE 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 Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.4102 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.64 annualized dividend and a dividend yield of 1.5%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of hedge funds have recently modified their holdings of the business. YANKCOM Partnership acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth $25,000. Quadrant Capital Group LLC purchased a new position in Vanguard Russell 1000 Value ETF during the fourth quarter worth about $33,000. Victory Capital Management Inc. lifted its position in Vanguard Russell 1000 Value ETF by 139.6% in the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings 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 in the last quarter. Finally, Optima Capital LLC acquired a new position in Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $45,000.

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.