Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume – Here’s Why

Vanguard Russell 1000 Value (NASDAQ:VONV) saw an uptick in trading volume on Thursday . 1,200,581 shares changed hands during trading, an increase of 218% from the previous session’s volume of 378,113 shares.The stock last traded at $82.32 and had previously closed at $82.24.

Vanguard Russell 1000 Value Price Performance

The stock’s 50-day simple moving average is $84.64 and its two-hundred day simple moving average is $81.55. The firm has a market capitalization of $9.34 billion, a P/E ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd will be paid a $0.437 dividend. The ex-dividend date is Monday, December 23rd.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of hedge funds have recently made changes to their positions in the business. Future Financial Wealth Managment LLC bought a new stake in Vanguard Russell 1000 Value in the 3rd quarter valued at $25,000. Guardian Wealth Management Inc. increased its holdings in shares of Vanguard Russell 1000 Value by 39.3% in the third 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 last quarter. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the second quarter worth about $74,000. Signaturefd LLC lifted its position in shares of Vanguard Russell 1000 Value by 2,014.0% in the third quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock worth $88,000 after buying an additional 1,007 shares in the last quarter. Finally, Princeton Global Asset Management LLC bought a new position in Vanguard Russell 1000 Value during the third quarter valued at approximately $123,000.

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.