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

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw an uptick in trading volume on Friday . 1,742,706 shares changed hands during trading, an increase of 115% from the previous session’s volume of 811,850 shares.The stock last traded at $93.07 and had previously closed at $93.26.

Vanguard Russell 1000 Value ETF Trading Down 0.2%

The stock has a market cap of $14.64 billion, a P/E ratio of 19.46 and a beta of 0.89. The business has a 50-day simple moving average of $90.92 and a 200 day simple moving average of $88.38.

Vanguard Russell 1000 Value ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were issued a $0.4916 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.97 annualized dividend and a yield of 2.1%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Investment Research Partners LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the third quarter worth $276,000. JPMorgan Chase & Co. boosted its position in Vanguard Russell 1000 Value ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 588,931 shares of the company’s stock valued at $52,633,000 after acquiring an additional 11,704 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in Vanguard Russell 1000 Value ETF by 224.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,067 shares of the company’s stock worth $95,000 after acquiring an additional 738 shares during the period. Centaurus Financial Inc. raised its position in shares of Vanguard Russell 1000 Value ETF by 41.4% in the 3rd quarter. Centaurus Financial Inc. now owns 2,706 shares of the company’s stock worth $242,000 after acquiring an additional 792 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of Vanguard Russell 1000 Value ETF by 109.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 574 shares of the company’s stock valued at $51,000 after purchasing an additional 300 shares during the period.

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.