Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) saw unusually-high trading volume on Thursday . Approximately 392,846 shares were traded during trading, an increase of 11% from the previous session’s volume of 354,251 shares.The stock last traded at $80.69 and had previously closed at $80.68.

Vanguard Russell 1000 Value Price Performance

The stock has a market capitalization of $8.92 billion, a P/E ratio of 17.49 and a beta of 0.95. The stock’s fifty day moving average is $78.06 and its two-hundred day moving average is $76.88.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were issued a dividend of $0.389 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.93%. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, June 27th.

Institutional Trading of Vanguard Russell 1000 Value

A number of large investors have recently added to or reduced their stakes in VONV. International Assets Investment Management LLC boosted its stake in Vanguard Russell 1000 Value by 6,263.1% in the 4th quarter. International Assets Investment Management LLC now owns 87,556 shares of the company’s stock worth $6,351,000 after purchasing an additional 86,180 shares during the period. Rodgers & Associates LTD boosted its stake in Vanguard Russell 1000 Value by 38.8% in the 4th quarter. Rodgers & Associates LTD now owns 5,513 shares of the company’s stock worth $400,000 after purchasing an additional 1,540 shares during the period. Truist Financial Corp boosted its stake in Vanguard Russell 1000 Value by 3.7% in the 4th quarter. Truist Financial Corp now owns 1,022,706 shares of the company’s stock worth $74,187,000 after purchasing an additional 36,936 shares during the period. Eagle Wealth Strategies LLC acquired a new position in Vanguard Russell 1000 Value in the 4th quarter worth approximately $16,671,000. Finally, Andina Capital Management LLC purchased a new stake in Vanguard Russell 1000 Value in the 4th quarter worth approximately $1,601,000.

About Vanguard Russell 1000 Value

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.