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

Vanguard Russell 1000 Value (NASDAQ:VONV) saw unusually-high trading volume on Monday . Approximately 3,305,478 shares were traded during mid-day 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 Stock Down 0.4 %

The stock has a fifty day moving average of $83.94 and a two-hundred day moving average of $83.72. The stock has a market cap 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 disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a dividend of $0.437 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. M3 Advisory Group LLC lifted its position in Vanguard Russell 1000 Value by 0.6% during the fourth quarter. M3 Advisory Group LLC now owns 19,445 shares of the company’s stock valued at $1,580,000 after buying an additional 125 shares in the last quarter. Roffman Miller Associates Inc. PA lifted its holdings in shares of Vanguard Russell 1000 Value by 0.9% during the 3rd quarter. Roffman Miller Associates Inc. PA now owns 14,377 shares of the company’s stock valued at $1,198,000 after acquiring an additional 129 shares in the last quarter. Lokken Investment Group LLC boosted its position in Vanguard Russell 1000 Value by 2.6% during the 4th quarter. Lokken Investment Group LLC now owns 5,404 shares of the company’s stock worth $439,000 after purchasing an additional 136 shares during the period. Guardian Wealth Management Inc. boosted its position in Vanguard Russell 1000 Value by 39.3% during the 3rd quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after purchasing an additional 158 shares during the period. Finally, Benchmark Wealth Management LLC increased its holdings in Vanguard Russell 1000 Value by 2.1% in the 4th quarter. Benchmark Wealth Management LLC now owns 9,157 shares of the company’s stock valued at $744,000 after purchasing an additional 186 shares in 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.