Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sees Large Volume Increase – Here’s What Happened

Shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw unusually-high trading volume on Tuesday . Approximately 2,342,607 shares changed hands during trading, an increase of 194% from the previous session’s volume of 797,402 shares.The stock last traded at $90.51 and had previously closed at $89.74.

Vanguard Russell 1000 Value ETF Stock Up 1.3%

The stock has a 50 day moving average of $89.49 and a 200 day moving average of $86.91. The company has a market capitalization of $14.29 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89.

Vanguard Russell 1000 Value ETF Dividend Announcement

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

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of VONV. Bank of America Corp DE increased its stake in shares of Vanguard Russell 1000 Value ETF by 3.0% in the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after acquiring an additional 823,792 shares in the last quarter. Wellington Management Group LLP boosted its stake in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares in the last quarter. TIAA Trust National Association grew its holdings in Vanguard Russell 1000 Value ETF by 3.3% in the third quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after purchasing an additional 144,549 shares during the period. Phoenix Financial Ltd. bought a new stake in Vanguard Russell 1000 Value ETF in the third quarter valued at $259,530,000. Finally, SageView Advisory Group LLC increased its stake in Vanguard Russell 1000 Value ETF by 8.0% in the second quarter. SageView Advisory Group LLC now owns 2,780,136 shares of the company’s stock valued at $241,927,000 after purchasing an additional 205,463 shares in the last quarter.

Vanguard Russell 1000 Value ETF 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.