Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 1-Year High – Time to Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $113.88 and last traded at $113.83, with a volume of 53229 shares. The stock had previously closed at $112.59.

Vanguard Russell 1000 Value ETF Stock Down 1.0%

The stock’s 50 day moving average is $109.23 and its 200-day moving average is $102.59. The company has a market cap of $21.05 billion, a PE ratio of 19.46 and a beta of 0.83.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.4102 per share. This represents a $1.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, June 18th.

Institutional Trading of Vanguard Russell 1000 Value ETF

Several institutional investors have recently added to or reduced their stakes in VONV. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 11.6% during the first quarter. Goldman Sachs Group Inc. now owns 583,695 shares of the company’s stock valued at $48,178,000 after buying an additional 60,644 shares during the last quarter. Jane Street Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF in the first quarter worth $5,536,000. Russell Investments Group Ltd. lifted its position in shares of Vanguard Russell 1000 Value ETF by 920.0% during the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock worth $48,000 after purchasing an additional 506 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 9.4% during the second quarter. Cerity Partners LLC now owns 49,376 shares of the company’s stock worth $4,207,000 after purchasing an additional 4,256 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Vanguard Russell 1000 Value ETF by 1,948.6% during the second quarter. Qube Research & Technologies Ltd now owns 3,749 shares of the company’s stock valued at $319,000 after purchasing an additional 3,566 shares during the period.

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.