Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw strong trading volume on Monday . 14,259,803 shares traded hands during mid-day trading, an increase of 766% from the previous session’s volume of 1,647,135 shares.The stock last traded at $97.77 and had previously closed at $98.87.

Vanguard Russell 1000 Value ETF Price Performance

The firm has a market cap of $15.54 billion, a PE ratio of 19.46 and a beta of 0.89. The company has a 50-day simple moving average of $95.87 and a 200-day simple moving average of $91.76.

Vanguard Russell 1000 Value ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were issued a dividend of $0.4916 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.97 dividend on an annualized basis and a yield of 2.0%.

Institutional Trading of Vanguard Russell 1000 Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. YANKCOM Partnership bought a new position in shares of Vanguard Russell 1000 Value ETF in the fourth quarter worth about $25,000. WPG Advisers LLC purchased a new stake in Vanguard Russell 1000 Value ETF in the 3rd quarter valued at about $26,000. Quadrant Capital Group LLC bought a new position in Vanguard Russell 1000 Value ETF in the 4th quarter worth about $33,000. Fairway Wealth LLC bought a new position in Vanguard Russell 1000 Value ETF in the 3rd quarter worth about $32,000. Finally, Victory Capital Management Inc. grew its stake in Vanguard Russell 1000 Value ETF by 139.6% in the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after acquiring an additional 261 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.