Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Large Volume Increase – Still a Buy?

Vanguard Russell 1000 Value (NASDAQ:VONV) saw strong trading volume on Thursday . 1,200,581 shares changed hands during mid-day trading, an increase of 218% from the previous session’s volume of 378,113 shares.The stock last traded at $82.32 and had previously closed at $82.24.

Vanguard Russell 1000 Value Stock Down 0.6 %

The stock has a market capitalization of $9.30 billion, a P/E ratio of 17.49 and a beta of 0.95. The business has a fifty day moving average price of $84.59 and a 200-day moving average price of $81.55.

Vanguard Russell 1000 Value Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.437 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Vanguard Russell 1000 Value

A number of large investors have recently made changes to their positions in the stock. First Horizon Advisors Inc. boosted its holdings in Vanguard Russell 1000 Value by 27.1% in the third quarter. First Horizon Advisors Inc. now owns 54,534 shares of the company’s stock worth $4,544,000 after purchasing an additional 11,624 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in shares of Vanguard Russell 1000 Value by 183.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock valued at $785,000 after buying an additional 6,099 shares during the period. Citigroup Inc. boosted its stake in shares of Vanguard Russell 1000 Value by 2.3% in the 3rd quarter. Citigroup Inc. now owns 1,140,495 shares of the company’s stock worth $95,037,000 after buying an additional 25,252 shares during the last quarter. Wealth Dimensions Group Ltd. boosted its stake in shares of Vanguard Russell 1000 Value by 8.0% in the 3rd quarter. Wealth Dimensions Group Ltd. now owns 275,731 shares of the company’s stock worth $22,977,000 after buying an additional 20,509 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Vanguard Russell 1000 Value by 4.6% in the third quarter. M&T Bank Corp now owns 188,200 shares of the company’s stock worth $15,682,000 after acquiring an additional 8,218 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.