Vanguard Russell 1000 Value (NASDAQ:VONV) Reaches New 12-Month High at $82.81

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) hit a new 52-week high during trading on Tuesday . The company traded as high as $82.81 and last traded at $82.65, with a volume of 128700 shares traded. The stock had previously closed at $82.29.

Vanguard Russell 1000 Value Stock Performance

The firm’s 50-day moving average price is $79.78 and its 200 day moving average price is $77.86. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were given a dividend of $0.389 per share. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. This represents a $1.56 annualized dividend and a dividend yield of 1.89%. The ex-dividend date was Thursday, June 27th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Brightwater Advisory LLC bought a new stake in Vanguard Russell 1000 Value in the 2nd quarter valued at about $526,000. Sanctuary Advisors LLC bought a new stake in Vanguard Russell 1000 Value during the 2nd quarter worth approximately $4,518,000. Truist Financial Corp lifted its stake in shares of Vanguard Russell 1000 Value by 2.1% in the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock worth $79,930,000 after acquiring an additional 21,238 shares during the period. Wellington Wealth Strategies LLC. increased its position in shares of Vanguard Russell 1000 Value by 78.2% during the second quarter. Wellington Wealth Strategies LLC. now owns 4,917 shares of the company’s stock worth $376,000 after buying an additional 2,158 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of Vanguard Russell 1000 Value by 2.6% in the 2nd quarter. NewEdge Advisors LLC now owns 78,297 shares of the company’s stock worth $5,995,000 after acquiring an additional 1,992 shares in the last quarter.

Vanguard Russell 1000 Value 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.