Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 52-Week High – Time to Buy?

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $96.76 and last traded at $96.55, with a volume of 172018 shares. The stock had previously closed at $96.17.

Vanguard Russell 1000 Value ETF Trading Down 0.5%

The company has a market capitalization of $15.09 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. The stock has a 50-day simple moving average of $92.91 and a 200-day simple moving average of $89.86.

Vanguard Russell 1000 Value ETF Dividend Announcement

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

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its stake in Vanguard Russell 1000 Value ETF by 11.6% in the first quarter. Goldman Sachs Group Inc. now owns 583,695 shares of the company’s stock worth $48,178,000 after purchasing an additional 60,644 shares in the last quarter. Jane Street Group LLC bought a new position in Vanguard Russell 1000 Value ETF during the 1st quarter worth approximately $5,536,000. Fifth Third Bancorp grew its position in shares of Vanguard Russell 1000 Value ETF by 175.2% in the 2nd quarter. Fifth Third Bancorp now owns 6,427 shares of the company’s stock worth $548,000 after acquiring an additional 4,092 shares in the last quarter. Register Financial Advisors LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 2nd quarter worth approximately $33,000. Finally, Diversified Enterprises LLC increased its holdings in shares of Vanguard Russell 1000 Value ETF by 22.7% in the 2nd quarter. Diversified Enterprises LLC now owns 77,002 shares of the company’s stock valued at $6,561,000 after acquiring an additional 14,257 shares during 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.