Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 1-Year High – Should You Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $113.32 and last traded at $113.32, with a volume of 132382 shares changing hands. The stock had previously closed at $112.97.

Vanguard Russell 1000 Value ETF Trading Up 0.2%

The stock has a market capitalization of $21.21 billion, a P/E ratio of 19.46 and a beta of 0.83. The company has a 50-day moving average price of $107.68 and a 200 day moving average price of $101.52.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.4102 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VONV. Quadrant Capital Group LLC acquired a new stake in Vanguard Russell 1000 Value ETF in the fourth quarter valued at approximately $33,000. Victory Capital Management Inc. grew its holdings 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 worth $40,000 after purchasing an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares in the last quarter. Optima Capital LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF during the fourth quarter worth $45,000. Finally, Integrity Financial Corp WA lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 1,828.6% during the 4th quarter. Integrity Financial Corp WA now owns 540 shares of the company’s stock valued at $50,000 after purchasing an additional 512 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.