Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Vanguard Russell 1000 Value (NASDAQ:VONV) saw unusually-high trading volume on Tuesday . Approximately 697,313 shares were traded during trading, an increase of 96% from the previous session’s volume of 356,588 shares.The stock last traded at $83.76 and had previously closed at $84.23.

Vanguard Russell 1000 Value Stock Performance

The firm has a market cap of $9.52 billion, a PE ratio of 17.49 and a beta of 0.95. The firm has a fifty day simple moving average of $82.37 and a two-hundred day simple moving average of $79.05.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.437 per share. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.75 dividend on an annualized basis and a yield of 2.08%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of institutional investors and hedge funds have recently made changes to their positions in VONV. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter valued at about $25,000. Stuart Chaussee & Associates Inc. bought a new position in shares of Vanguard Russell 1000 Value during the 1st quarter valued at approximately $37,000. Beacon Capital Management LLC purchased a new stake in Vanguard Russell 1000 Value during the 1st quarter valued at $43,000. Financial Management Professionals Inc. bought a new stake in Vanguard Russell 1000 Value in the first quarter worth $67,000. Finally, International Assets Investment Management LLC bought a new stake in Vanguard Russell 1000 Value in the second quarter worth $74,000.

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.