Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Large Volume Increase – Here’s What Happened

Vanguard Russell 1000 Value (NASDAQ:VONV) shares saw strong trading volume on Monday . 6,694,299 shares changed hands during trading, an increase of 1,087% from the previous session’s volume of 563,936 shares.The stock last traded at $84.75 and had previously closed at $84.80.

Vanguard Russell 1000 Value Stock Down 0.6 %

The stock’s fifty day simple moving average is $83.54 and its 200-day simple moving average is $83.00. The company has a market capitalization of $10.35 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Synergy Asset Management LLC acquired a new position in shares of Vanguard Russell 1000 Value during the 4th quarter worth approximately $25,000. WFA Asset Management Corp purchased a new position in Vanguard Russell 1000 Value during the fourth quarter worth $26,000. Lee Danner & Bass Inc. purchased a new position in Vanguard Russell 1000 Value during the fourth quarter worth $30,000. Guardian Wealth Management Inc. raised its holdings in shares of Vanguard Russell 1000 Value by 39.3% in the third quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after acquiring an additional 158 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter valued at $46,000.

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.