Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) saw unusually-high trading volume on Monday . Approximately 3,305,478 shares changed hands during trading, an increase of 346% from the previous session’s volume of 740,754 shares.The stock last traded at $82.19 and had previously closed at $83.28.

Vanguard Russell 1000 Value Price Performance

The firm’s 50-day simple moving average is $83.94 and its 200 day simple moving average is $83.72. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 19.78 and a beta of 0.95.

Vanguard Russell 1000 Value Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.437 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

A number of hedge funds have recently added to or reduced their stakes in VONV. Centaurus Financial Inc. purchased a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter worth approximately $137,000. Bannerman Wealth Management Group LLC purchased a new position in shares of Vanguard Russell 1000 Value in the fourth quarter valued at $297,000. Capital A Wealth Management LLC bought a new position in shares of Vanguard Russell 1000 Value in the fourth quarter valued at approximately $100,000. SWAN Capital LLC purchased a new position in shares of Vanguard Russell 1000 Value during the 4th quarter valued at $1,304,000. Finally, Stonebridge Financial Planning Group LLC bought a new position in Vanguard Russell 1000 Value in the 4th quarter worth about $1,221,000.

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.