Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 1-Year High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high during trading on Friday . The stock traded as high as $106.12 and last traded at $105.98, with a volume of 82405 shares traded. The stock had previously closed at $105.26.

Vanguard Russell 1000 Value ETF Trading Up 1.0%

The firm has a fifty day moving average of $101.34 and a 200 day moving average of $97.18. The company has a market capitalization of $18.96 billion, a P/E ratio of 19.46 and a beta of 0.84.

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 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Several large investors have recently bought and sold shares of VONV. YANKCOM Partnership purchased a new position in Vanguard Russell 1000 Value ETF in the fourth quarter worth about $25,000. Quadrant Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $33,000. Victory Capital Management Inc. lifted its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after buying an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after buying an additional 355 shares in the last quarter. Finally, Optima Capital LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $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.