Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 1-Year High – Still a Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $93.90 and last traded at $93.85, with a volume of 105032 shares. The stock had previously closed at $93.12.

Vanguard Russell 1000 Value ETF Stock Performance

The stock’s 50-day simple moving average is $91.43 and its 200 day simple moving average is $88.99. The company has a market capitalization of $14.62 billion, a PE ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were paid a $0.4916 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.97 dividend on an annualized basis and a yield of 2.1%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VONV. WPG Advisers LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter valued at about $26,000. Fairway Wealth LLC acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at approximately $32,000. Register Financial Advisors LLC purchased a new position in Vanguard Russell 1000 Value ETF in the second quarter valued at approximately $33,000. Victory Capital Management Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 261 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares in the last quarter.

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.