Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume – Time to Buy?

by · The Cerbat Gem

Vanguard Russell 1000 Value (NASDAQ:VONV – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 1,890,367 shares changed hands during mid-day trading, an increase of 111% from the previous session’s volume of 897,313 shares.The stock last traded at $75.43 and had previously closed at $77.40.

Vanguard Russell 1000 Value Price Performance

The stock has a market capitalization of $10.63 billion, a P/E ratio of 18.43 and a beta of 0.89. The firm has a 50-day simple moving average of $81.59 and a 200 day simple moving average of $83.22.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.03%.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Institutional investors have recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new position in Vanguard Russell 1000 Value during the fourth quarter valued at $25,000. Minot DeBlois Advisors LLC bought a new position in Vanguard Russell 1000 Value during the fourth quarter valued at approximately $25,000. WFA Asset Management Corp bought a new stake in Vanguard Russell 1000 Value during the fourth quarter worth approximately $26,000. Lee Danner & Bass Inc. purchased a new stake in Vanguard Russell 1000 Value in the 4th quarter worth about $30,000. Finally, Crews Bank & Trust purchased a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter valued at approximately $46,000.

Vanguard Russell 1000 Value Company Profile

(Get Free Report)

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.

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