Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 1-Year High – Here’s Why

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high on Friday . The company traded as high as $103.75 and last traded at $103.57, with a volume of 40818 shares. The stock had previously closed at $102.95.

Vanguard Russell 1000 Value ETF Trading Up 0.7%

The company has a market cap of $18.50 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The business has a fifty day moving average of $98.14 and a two-hundred day moving average of $95.61.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a $0.4117 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of large investors have recently bought and sold shares of the business. YANKCOM Partnership purchased a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $25,000. Quadrant Capital Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $33,000. Victory Capital Management Inc. increased its stake in Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. increased its stake in Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after buying an additional 355 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the 3rd quarter worth approximately $42,000.

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.