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

Vanguard Russell 1000 Value (NASDAQ:VONV) saw strong trading volume on Thursday . 1,200,581 shares were traded during 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 Trading Down 0.6 %

The stock has a market cap of $9.30 billion, a P/E ratio of 17.49 and a beta of 0.95. The company’s 50 day moving average price is $84.59 and its two-hundred day moving average price is $81.55.

Vanguard Russell 1000 Value Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VONV. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Value by 18.7% in the 3rd quarter. LPL Financial LLC now owns 1,434,011 shares of the company’s stock worth $119,496,000 after purchasing an additional 226,324 shares in the last quarter. Highline Wealth Partners LLC purchased a new stake in Vanguard Russell 1000 Value in the third quarter worth about $13,274,000. Commonwealth Equity Services LLC raised its stake in shares of Vanguard Russell 1000 Value by 13.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock worth $96,857,000 after buying an additional 149,680 shares during the period. Raymond James & Associates raised its stake in shares of Vanguard Russell 1000 Value by 19.8% in the third quarter. Raymond James & Associates now owns 902,596 shares of the company’s stock worth $75,213,000 after buying an additional 149,035 shares during the period. Finally, TIAA Trust National Association lifted its position in shares of Vanguard Russell 1000 Value by 3.9% during the 2nd quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock valued at $290,457,000 after buying an additional 142,895 shares in the last quarter.

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.