Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 1-Year High – Still a Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) shares reached a new 52-week high on Monday . The company traded as high as $93.90 and last traded at $93.85, with a volume of 105032 shares traded. The stock had previously closed at $93.12.

Vanguard Russell 1000 Value ETF Stock Up 1.2%

The stock has a market cap of $14.65 billion, a P/E ratio of 19.46 and a beta of 0.89. The company’s 50 day moving average price is $91.27 and its 200-day moving average price is $88.83.

Vanguard Russell 1000 Value ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.4916 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.97 annualized dividend and a yield of 2.1%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of hedge funds have recently made changes to their positions in the stock. LBJ Family Wealth Advisors Ltd. boosted its holdings in Vanguard Russell 1000 Value ETF by 5.0% in the fourth quarter. LBJ Family Wealth Advisors Ltd. now owns 28,322 shares of the company’s stock valued at $2,614,000 after acquiring an additional 1,343 shares during the last quarter. Investment Research Partners LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter worth approximately $276,000. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 588,931 shares of the company’s stock valued at $52,633,000 after purchasing an additional 11,704 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Vanguard Russell 1000 Value ETF by 224.3% during the third quarter. CIBC Private Wealth Group LLC now owns 1,067 shares of the company’s stock worth $95,000 after buying an additional 738 shares during the period. Finally, Centaurus Financial Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 41.4% during the third quarter. Centaurus Financial Inc. now owns 2,706 shares of the company’s stock worth $242,000 after buying an additional 792 shares during the period.

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.