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

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) saw an uptick in trading volume on Thursday . 1,200,581 shares changed hands during trading, an increase of 218% from the previous session’s volume of 378,113 shares.The stock last traded at $82.32 and had previously closed at $82.24.

Vanguard Russell 1000 Value Stock Up 0.1 %

The firm has a 50-day simple moving average of $84.64 and a 200-day simple moving average of $81.55. The stock has a market cap of $9.34 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, December 26th. Investors of record on Monday, December 23rd will be issued a dividend of $0.437 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Hedge funds and other institutional investors have recently modified their holdings of the stock. First Horizon Advisors Inc. grew its stake in Vanguard Russell 1000 Value by 27.1% during the third quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock valued at $4,544,000 after acquiring an additional 11,624 shares in the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of Vanguard Russell 1000 Value by 183.9% in the third quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock worth $785,000 after buying an additional 6,099 shares in the last quarter. Citigroup Inc. boosted its stake in Vanguard Russell 1000 Value by 2.3% during the third quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock valued at $95,037,000 after buying an additional 25,252 shares during the period. Wealth Dimensions Group Ltd. grew its position in Vanguard Russell 1000 Value by 8.0% during the third quarter. Wealth Dimensions Group Ltd. now owns 275,731 shares of the company’s stock worth $22,977,000 after buying an additional 20,509 shares in the last quarter. Finally, M&T Bank Corp increased its stake in Vanguard Russell 1000 Value by 4.6% in the 3rd quarter. M&T Bank Corp now owns 188,200 shares of the company’s stock worth $15,682,000 after acquiring an additional 8,218 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.