Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Strong Trading Volume – What’s Next?

Vanguard Russell 1000 Value (NASDAQ:VONV) shares saw unusually-strong trading volume on Monday . Approximately 3,305,478 shares traded hands during mid-day trading, an increase of 346% from the previous session’s volume of 740,754 shares.The stock last traded at $82.19 and had previously closed at $83.28.

Vanguard Russell 1000 Value Stock Performance

The company has a market capitalization of $10.03 billion, a P/E ratio of 19.78 and a beta of 0.95. The firm’s fifty day moving average is $83.92 and its 200-day moving average is $83.72.

Vanguard Russell 1000 Value Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a $0.437 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Several hedge funds have recently modified their holdings of VONV. Bannerman Wealth Management Group LLC acquired a new stake in shares of Vanguard Russell 1000 Value during the fourth quarter valued at about $297,000. Capital A Wealth Management LLC bought a new position in Vanguard Russell 1000 Value in the 4th quarter valued at approximately $100,000. SWAN Capital LLC acquired a new stake in Vanguard Russell 1000 Value during the 4th quarter worth approximately $1,304,000. Stonebridge Financial Planning Group LLC bought a new stake in Vanguard Russell 1000 Value during the 4th quarter worth approximately $1,221,000. Finally, Waverly Advisors LLC increased its position in Vanguard Russell 1000 Value by 33.0% in the 4th quarter. Waverly Advisors LLC now owns 4,309 shares of the company’s stock valued at $350,000 after acquiring an additional 1,068 shares during the period.

Vanguard Russell 1000 Value Company Profile

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.