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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $93.01 and last traded at $92.81, with a volume of 1268962 shares trading hands. The stock had previously closed at $91.59.

Vanguard Russell 1000 Value ETF Stock Performance

The stock has a fifty day simple moving average of $90.07 and a 200 day simple moving average of $87.61. The firm has a market cap of $14.59 billion, a P/E ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were issued a $0.8094 dividend. This represents a yield of 190.0%. The ex-dividend date was Wednesday, September 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VONV. Wellington Management Group LLP raised its holdings in shares of Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after purchasing an additional 4,894,074 shares during the last quarter. Bank of America Corp DE increased its position in Vanguard Russell 1000 Value ETF by 14.7% during the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock valued at $2,356,252,000 after acquiring an additional 3,543,885 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in Vanguard Russell 1000 Value ETF during the third quarter valued at $259,530,000. Symphony Financial Ltd. Co. lifted its holdings in Vanguard Russell 1000 Value ETF by 9,783.3% in the second quarter. Symphony Financial Ltd. Co. now owns 635,005 shares of the company’s stock valued at $54,163,000 after acquiring an additional 628,580 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in Vanguard Russell 1000 Value ETF by 41.4% in the first quarter. Ameriprise Financial Inc. now owns 1,404,295 shares of the company’s stock worth $115,912,000 after purchasing an additional 411,085 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.