Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Hits New 52-Week High – Time to Buy?

Vanguard Russell 1000 Value ETF (NASDAQ:VONV)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $93.01 and last traded at $92.81, with a volume of 1268962 shares. The stock had previously closed at $91.59.

Vanguard Russell 1000 Value ETF Stock Performance

The company has a market capitalization of $14.59 billion, a P/E ratio of 19.46 and a beta of 0.89. The stock has a fifty day moving average of $90.07 and a 200 day moving average of $87.61.

Vanguard Russell 1000 Value ETF Announces Dividend

The business also recently disclosed a — dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were paid a $0.8094 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a dividend yield of 190.0%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VONV. Willow Creek Wealth Management Inc. purchased a new position in Vanguard Russell 1000 Value ETF during the second quarter worth approximately $374,000. Bell Investment Advisors Inc acquired a new position in shares of Vanguard Russell 1000 Value ETF during the 2nd quarter worth approximately $54,000. Allspring Global Investments Holdings LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 150.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 47,649 shares of the company’s stock valued at $4,099,000 after buying an additional 28,596 shares in the last quarter. Bernardo Wealth Planning LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 2.1% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 334,949 shares of the company’s stock valued at $28,541,000 after buying an additional 6,899 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in Vanguard Russell 1000 Value ETF in the 2nd quarter valued at $89,000.

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.