Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) saw unusually-strong trading volume on Thursday . Approximately 392,846 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 354,251 shares.The stock last traded at $80.69 and had previously closed at $80.68.

Vanguard Russell 1000 Value Price Performance

The firm has a market cap of $8.92 billion, a P/E ratio of 17.49 and a beta of 0.95. The business’s 50-day moving average is $78.06 and its two-hundred day moving average is $76.88.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a $0.389 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.56 dividend on an annualized basis and a yield of 1.93%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. UBS Group AG grew its position in shares of Vanguard Russell 1000 Value by 27.2% in the 4th quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock valued at $189,771,000 after acquiring an additional 558,711 shares during the period. TIAA Trust National Association lifted its stake in shares of Vanguard Russell 1000 Value by 7.9% during the 1st quarter. TIAA Trust National Association now owns 3,650,462 shares of the company’s stock worth $287,072,000 after buying an additional 268,303 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Vanguard Russell 1000 Value by 64.7% during the 1st quarter. Raymond James & Associates now owns 669,084 shares of the company’s stock worth $52,617,000 after buying an additional 262,946 shares during the last quarter. Eagle Wealth Strategies LLC acquired a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter worth about $16,671,000. Finally, New York Life Investment Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter worth about $16,040,000.

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.