Vanguard Russell 1000 Value (NASDAQ:VONV) Hits New 12-Month High – Here’s Why

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) reached a new 52-week high during trading on Thursday . The company traded as high as $85.00 and last traded at $85.00, with a volume of 29615 shares traded. The stock had previously closed at $84.89.

Vanguard Russell 1000 Value Price Performance

The firm has a market cap of $9.65 billion, a PE ratio of 17.49 and a beta of 0.95. The business’s 50 day moving average price is $82.03 and its 200 day moving average price is $78.90.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.437 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.06%. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39.

Institutional Trading of Vanguard Russell 1000 Value

A number of institutional investors have recently made changes to their positions in VONV. M3 Advisory Group LLC raised its stake in Vanguard Russell 1000 Value by 0.7% in the 3rd quarter. M3 Advisory Group LLC now owns 19,320 shares of the company’s stock valued at $1,610,000 after purchasing an additional 130 shares during the last quarter. Simplicity Wealth LLC boosted its position in Vanguard Russell 1000 Value by 2.6% during the second quarter. Simplicity Wealth LLC now owns 5,331 shares of the company’s stock worth $408,000 after acquiring an additional 135 shares during the last quarter. Quotient Wealth Partners LLC boosted its position in Vanguard Russell 1000 Value by 3.8% during the third quarter. Quotient Wealth Partners LLC now owns 4,422 shares of the company’s stock worth $368,000 after acquiring an additional 162 shares during the last quarter. CreativeOne Wealth LLC grew its stake in Vanguard Russell 1000 Value by 2.9% during the 1st quarter. CreativeOne Wealth LLC now owns 6,985 shares of the company’s stock valued at $549,000 after acquiring an additional 197 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in Vanguard Russell 1000 Value by 1.3% in the 1st quarter. Perigon Wealth Management LLC now owns 17,193 shares of the company’s stock valued at $1,352,000 after acquiring an additional 222 shares during the last quarter.

About Vanguard Russell 1000 Value

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.