VONV Stock Summary and Trading Ideas (Vanguard Russell 1000 Value ETF | NASDAQ:VONV)

Invests in stocks in the Russell 1000 Value Index a broadly diversified index predominantly made up of value stocks of large U.S. companies. Seeks to closely track the index s return which is considered a gauge of large-cap value U.S. stock returns. Offers high potential for investment growth; share value typically rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your money s growth is essential.

Vanguard Russell 1000 Value ETF trades on the NASDAQ stock market under the symbol VONV.

As of May 24, 2024, VONV stock price climbed to $77.52 with 229,355 million shares trading.

VONV has a beta of 0.83, meaning it tends to be less sensitive to market movements. VONV has a correlation of 0.69 to the broad based SPY ETF.

VONV has a market cap of $8.38 billion. This is considered a Mid Cap stock.

In the last 3 years, VONV stock traded as high as $78.81 and as low as $58.83.

VONV has underperformed the market in the last year with a price return of +20.7% while the SPY ETF gained +30.4%. VONV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.8% and -0.2%, respectively, while the SPY returned +4.6% and +1.7%, respectively.

VONV support price is $76.57 and resistance is $77.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VONV stock will trade within this expected range on the day.