Vanguard Russell 1000 Value (NASDAQ:VONV) Hits New 12-Month High at $82.81

Vanguard Russell 1000 Value (NASDAQ:VONV) reached a new 52-week high during trading on Tuesday . The stock traded as high as $82.81 and last traded at $82.65, with a volume of 128700 shares changing hands. The stock had previously closed at $82.29.

Vanguard Russell 1000 Value Stock Up 0.0 %

The business has a 50-day moving average price of $79.78 and a two-hundred day moving average price of $77.86. The company has a market capitalization of $9.12 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.389 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.56 annualized dividend and a dividend yield of 1.89%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of hedge funds and other institutional investors have recently modified their holdings of VONV. Brightwater Advisory LLC bought a new position in shares of Vanguard Russell 1000 Value during the 2nd quarter valued at approximately $526,000. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the 2nd quarter valued at about $4,518,000. Truist Financial Corp increased its position in shares of Vanguard Russell 1000 Value by 2.1% in the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock worth $79,930,000 after purchasing an additional 21,238 shares during the last quarter. Wellington Wealth Strategies LLC. grew its position in Vanguard Russell 1000 Value by 78.2% in the second quarter. Wellington Wealth Strategies LLC. now owns 4,917 shares of the company’s stock worth $376,000 after acquiring an additional 2,158 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Vanguard Russell 1000 Value by 2.6% during the 2nd quarter. NewEdge Advisors LLC now owns 78,297 shares of the company’s stock valued at $5,995,000 after purchasing an additional 1,992 shares during 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.