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

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

Vanguard Russell 1000 Value Stock Performance

The business has a fifty day moving average price of $84.25 and a 200 day moving average price of $80.63. The company has a market capitalization of $9.96 billion, a PE 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. Stockholders of record on Thursday, September 26th were issued a $0.437 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.99%. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of large investors have recently modified their holdings of the company. TIAA Trust National Association raised its holdings in shares of Vanguard Russell 1000 Value by 3.9% in the 2nd quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock worth $290,457,000 after purchasing an additional 142,895 shares during the period. Janney Montgomery Scott LLC lifted its position in Vanguard Russell 1000 Value by 1.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,750,963 shares of the company’s stock worth $145,908,000 after acquiring an additional 21,177 shares in the last quarter. LPL Financial LLC lifted its position in Vanguard Russell 1000 Value by 18.7% during the 3rd quarter. LPL Financial LLC now owns 1,434,011 shares of the company’s stock worth $119,496,000 after acquiring an additional 226,324 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Vanguard Russell 1000 Value by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock worth $96,857,000 after acquiring an additional 149,680 shares in the last quarter. Finally, Citigroup Inc. lifted its position in Vanguard Russell 1000 Value by 2.3% during the 3rd quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock worth $95,037,000 after acquiring an additional 25,252 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.