Vanguard Russell 1000 Value (NASDAQ:VONV) Reaches New 52-Week High – Here’s Why

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

Vanguard Russell 1000 Value Price Performance

The business’s fifty day simple moving average is $81.76 and its 200 day simple moving average is $78.82. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VONV. Simplicity Wealth LLC lifted its position in Vanguard Russell 1000 Value by 2.6% in the 2nd quarter. Simplicity Wealth LLC now owns 5,331 shares of the company’s stock valued at $408,000 after purchasing an additional 135 shares during the last quarter. Quotient Wealth Partners LLC increased its position in Vanguard Russell 1000 Value by 3.8% in the 3rd quarter. Quotient Wealth Partners LLC now owns 4,422 shares of the company’s stock valued at $368,000 after acquiring an additional 162 shares during the period. CreativeOne Wealth LLC increased its position in Vanguard Russell 1000 Value by 2.9% in 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 during the period. Perigon Wealth Management LLC raised its stake in Vanguard Russell 1000 Value by 1.3% during 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 in the last quarter. Finally, Future Financial Wealth Managment LLC bought a new position in shares of Vanguard Russell 1000 Value in the third quarter worth $25,000.

Vanguard Russell 1000 Value Company Profile

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.