Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 12-Month 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 Stock Performance

The stock has a market cap of $18.50 billion, a PE ratio of 19.46 and a beta of 0.84. The stock has a fifty day simple moving average of $97.98 and a two-hundred day simple moving average of $95.55.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a dividend of $0.4117 per share. This represents a $1.65 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 29.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock valued at $6,985,000 after buying an additional 17,173 shares during the last quarter. TIAA Trust National Association boosted its stake in shares of Vanguard Russell 1000 Value ETF by 3.3% during the 3rd quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock valued at $406,222,000 after buying an additional 144,549 shares during the last quarter. AMG National Trust Bank raised its position in shares of Vanguard Russell 1000 Value ETF by 15.0% during the 3rd quarter. AMG National Trust Bank now owns 40,637 shares of the company’s stock valued at $3,632,000 after acquiring an additional 5,302 shares in the last quarter. Accredited Wealth Management LLC raised its position in shares of Vanguard Russell 1000 Value ETF by 18,617.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 24,333 shares of the company’s stock valued at $2,175,000 after acquiring an additional 24,203 shares in the last quarter. Finally, WestHill Financial Advisors Inc. lifted its stake in Vanguard Russell 1000 Value ETF by 0.7% during the fourth quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock worth $69,379,000 after purchasing an additional 5,403 shares during 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.