Vanguard Russell 1000 Value (NASDAQ:VONV) Reaches New 12-Month High – Time to Buy?

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) hit a new 52-week high during trading on Friday . The stock traded as high as $86.71 and last traded at $86.68, with a volume of 25382 shares changing hands. The stock had previously closed at $86.14.

Vanguard Russell 1000 Value Price Performance

The firm has a market capitalization of $9.85 billion, a P/E ratio of 17.49 and a beta of 0.95. The company has a fifty day moving average of $83.85 and a 200 day moving average of $80.37.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.437 dividend. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of Vanguard Russell 1000 Value

A number of institutional investors have recently bought and sold shares of the company. TD Private Client Wealth LLC grew its position in shares of Vanguard Russell 1000 Value by 2.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 35,885 shares of the company’s stock worth $2,990,000 after buying an additional 981 shares during the period. M&T Bank Corp boosted its stake in Vanguard Russell 1000 Value by 4.6% during the third quarter. M&T Bank Corp now owns 188,200 shares of the company’s stock worth $15,682,000 after acquiring an additional 8,218 shares in the last quarter. Guardian Wealth Management Inc. grew its holdings in 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 period. Roffman Miller Associates Inc. PA increased its stake in Vanguard Russell 1000 Value by 0.9% in the third quarter. Roffman Miller Associates Inc. PA now owns 14,377 shares of the company’s stock valued at $1,198,000 after purchasing an additional 129 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in Vanguard Russell 1000 Value by 3.6% in the third quarter. MML Investors Services LLC now owns 599,755 shares of the company’s stock valued at $49,978,000 after purchasing an additional 20,703 shares in 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.