Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sets New 1-Year High – Here’s Why

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $111.56 and last traded at $111.36, with a volume of 28918 shares trading hands. The stock had previously closed at $110.42.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

The firm has a 50 day simple moving average of $107.20 and a 200 day simple moving average of $101.17. The firm has a market capitalization of $21.09 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Institutional investors have recently modified their holdings of the business. Atlanta Consulting Group Advisors LLC lifted its stake in 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 acquiring an additional 108 shares during the period. Bank of New York Mellon Corp grew its stake in shares of 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 acquiring an additional 109 shares during the period. Asset Management One Co. Ltd. grew its stake in shares of 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 acquiring an additional 117 shares during the period. Balefire LLC raised its holdings in shares of 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 purchasing an additional 120 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of 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 purchasing an additional 121 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.