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

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) hit a new 52-week high on Wednesday . The company traded as high as $109.34 and last traded at $108.62, with a volume of 1066092 shares. The stock had previously closed at $108.40.

Vanguard Russell 1000 Value ETF Price Performance

The firm’s fifty day moving average price is $104.43 and its two-hundred day moving average price is $99.00. The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.4102 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in Vanguard Russell 1000 Value ETF by 29.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock worth $6,985,000 after purchasing an additional 17,173 shares during the period. Fulton Bank N.A. grew its position in Vanguard Russell 1000 Value ETF by 20.6% in the fourth quarter. Fulton Bank N.A. now owns 35,318 shares of the company’s stock worth $3,260,000 after acquiring an additional 6,040 shares in the last quarter. WestHill Financial Advisors Inc. lifted its position in Vanguard Russell 1000 Value ETF by 0.7% in the 4th quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock worth $69,379,000 after buying an additional 5,403 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Russell 1000 Value ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 588,931 shares of the company’s stock valued at $52,633,000 after buying an additional 11,704 shares during the period. Finally, Aspiriant LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 79.9% during the fourth quarter. Aspiriant LLC now owns 72,300 shares of the company’s stock valued at $6,673,000 after purchasing an additional 32,109 shares during the period.

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.