Vanguard Russell 1000 Value (NASDAQ:VONV) Sets New 52-Week High – Still a Buy?

Vanguard Russell 1000 Value (NASDAQ:VONV) reached a new 52-week high during trading on Thursday . The stock traded as high as $87.96 and last traded at $87.43, with a volume of 207087 shares trading hands. The stock had previously closed at $87.42.

Vanguard Russell 1000 Value Stock Performance

The company has a 50 day moving average of $84.05 and a 200 day moving average of $80.54. The stock has a market capitalization of $9.93 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.437 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VONV. Future Financial Wealth Managment LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the 3rd quarter worth $25,000. Guardian Wealth Management Inc. increased its stake in shares of Vanguard Russell 1000 Value by 39.3% in the 3rd quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after acquiring an additional 158 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the 2nd quarter worth $74,000. Signaturefd LLC increased its stake in shares of Vanguard Russell 1000 Value by 2,014.0% in the 3rd quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock worth $88,000 after acquiring an additional 1,007 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the 3rd quarter worth $123,000.

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.