Vanguard Russell 1000 Value ETF (NASDAQ:VONV) to Issue Quarterly Dividend of $0.41

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) declared a quarterly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.4102 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, June 18th.

Vanguard Russell 1000 Value ETF Stock Up 0.4%

Shares of VONV stock traded up $0.38 on Thursday, reaching $106.14. The company’s stock had a trading volume of 608,504 shares, compared to its average volume of 1,380,546. The company has a market capitalization of $18.94 billion, a P/E ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 12-month low of $82.73 and a 12-month high of $108.02. The stock’s 50 day simple moving average is $102.06 and its 200-day simple moving average is $97.55.

Institutional Trading of Vanguard Russell 1000 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its holdings in shares of Vanguard Russell 1000 Value ETF by 3.0% during the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after purchasing an additional 823,792 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Russell 1000 Value ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock valued at $1,053,911,000 after purchasing an additional 891,173 shares in the last quarter. Wellington Management Group LLP lifted its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after purchasing an additional 4,894,074 shares during the last quarter. TIAA Trust National Association lifted its position in Vanguard Russell 1000 Value ETF by 4.0% during the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock valued at $436,277,000 after purchasing an additional 181,325 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after buying an additional 3,421,345 shares in the last quarter.

Vanguard Russell 1000 Value ETF 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.