Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 52-Week High – Still a Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $113.88 and last traded at $113.83, with a volume of 53229 shares traded. The stock had previously closed at $112.59.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

The business’s fifty day moving average is $108.88 and its 200 day moving average is $102.36. The firm has a market capitalization of $21.29 billion, a P/E ratio of 19.46 and a beta of 0.83.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Large investors have recently modified their holdings of the stock. Atlanta Consulting Group Advisors LLC grew its holdings in shares of Vanguard Russell 1000 Value ETF by 0.8% during the fourth quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock worth $1,231,000 after purchasing an additional 108 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Vanguard Russell 1000 Value ETF by 1.5% during the 1st quarter. Bank of New York Mellon Corp now owns 7,449 shares of the company’s stock worth $698,000 after buying an additional 109 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Vanguard Russell 1000 Value ETF by 20.3% during the 4th quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock worth $64,000 after buying an additional 117 shares during the period. Balefire LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 3.0% during the first quarter. Balefire LLC now owns 4,137 shares of the company’s stock worth $388,000 after buying an additional 120 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Vanguard Russell 1000 Value ETF by 9.2% during the first quarter. Assetmark Inc. now owns 1,433 shares of the company’s stock worth $134,000 after buying an additional 121 shares during the last quarter.

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.