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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) hit a new 52-week high on Thursday. The company traded as high as $114.21 and last traded at $114.1590, with a volume of 193,799 shares. The stock had previously closed at $113.48.

Vanguard Russell 1000 Value ETF Trading Up 0.5%

The business has a fifty day moving average of $111.75 and a 200-day moving average of $104.29. The firm has a market cap of $22.74 billion, a PE ratio of 19.46 and a beta of 0.84.

Institutional Trading of Vanguard Russell 1000 Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB purchased a new stake in Vanguard Russell 1000 Value ETF in the third quarter worth $41,000. Root Financial Partners LLC acquired a new stake in Vanguard Russell 1000 Value ETF during the 3rd quarter valued at approximately $50,000. Latitude Advisors LLC acquired a new stake in Vanguard Russell 1000 Value ETF during the 3rd quarter worth about $55,000. Steph & Co. acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the 3rd quarter valued at about $64,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF in the first quarter valued at approximately $66,000.

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.