Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Plans Dividend Increase – $0.42 Per Share

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) announced a quarterly dividend on Monday, September 21st. Investors of record on Wednesday, September 23rd will be given a dividend of 0.4225 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 3.0% increase from Vanguard Russell 1000 Value ETF’s previous quarterly dividend of $0.41.

Vanguard Russell 1000 Value ETF Trading Down 0.3%

NASDAQ:VONV traded down $0.34 during trading hours on Tuesday, hitting $111.25. 484,169 shares of the stock traded hands, compared to its average volume of 1,136,736. Vanguard Russell 1000 Value ETF has a fifty-two week low of $87.52 and a fifty-two week high of $114.08. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 19.46 and a beta of 0.83. The firm has a 50 day moving average price of $111.53 and a 200 day moving average price of $104.78.

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.