Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Reaches New 12-Month High – Here’s What Happened

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $109.87 and last traded at $109.80, with a volume of 41964 shares changing hands. The stock had previously closed at $108.85.

Vanguard Russell 1000 Value ETF Stock Up 0.7%

The stock’s 50 day moving average price is $106.14 and its two-hundred day moving average price is $100.41. The firm has a market capitalization of $20.54 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VONV. Atlanta Consulting Group Advisors LLC lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 0.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock valued at $1,231,000 after buying an additional 108 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Vanguard Russell 1000 Value ETF by 1.5% in the first quarter. Bank of New York Mellon Corp now owns 7,449 shares of the company’s stock worth $698,000 after buying an additional 109 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in Vanguard Russell 1000 Value ETF by 20.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock worth $64,000 after buying an additional 117 shares during the last quarter. Balefire LLC raised its position in Vanguard Russell 1000 Value ETF by 3.0% during the first quarter. Balefire LLC now owns 4,137 shares of the company’s stock valued at $388,000 after acquiring an additional 120 shares in the last quarter. Finally, Assetmark Inc. raised its position in Vanguard Russell 1000 Value ETF by 9.2% during the first quarter. Assetmark Inc. now owns 1,433 shares of the company’s stock valued at $134,000 after acquiring an additional 121 shares in the last quarter.

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.