Vanguard Russell 1000 Value (NASDAQ:VONV) Reaches New 1-Year High at $77.96

Vanguard Russell 1000 Value (NASDAQ:VONV) hit a new 52-week high on Wednesday . The stock traded as high as $77.96 and last traded at $77.92, with a volume of 249387 shares traded. The stock had previously closed at $77.14.

Vanguard Russell 1000 Value Stock Up 1.6 %

The business’s fifty day simple moving average is $74.50 and its two-hundred day simple moving average is $70.61. The company has a market cap of $8.60 billion, a price-to-earnings ratio of 14.90 and a beta of 0.95.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were given a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a yield of 1.71%. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Several large investors have recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new stake in Vanguard Russell 1000 Value in the 4th quarter valued at $1,495,000. WestHill Financial Advisors Inc. increased its holdings in shares of Vanguard Russell 1000 Value by 3.1% in the third quarter. WestHill Financial Advisors Inc. now owns 669,426 shares of the company’s stock valued at $44,624,000 after purchasing an additional 20,016 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of Vanguard Russell 1000 Value during the third quarter worth $214,000. LPL Financial LLC grew its position in Vanguard Russell 1000 Value by 8.0% in the 3rd quarter. LPL Financial LLC now owns 2,176,355 shares of the company’s stock valued at $145,076,000 after buying an additional 160,965 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in Vanguard Russell 1000 Value by 1,328.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 110,277 shares of the company’s stock valued at $7,351,000 after buying an additional 102,558 shares during the period.

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.