Vanguard Russell 1000 Value ETF $VONV Shares Bought by Verus Capital Partners LLC

Verus Capital Partners LLC raised its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 165.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,700 shares of the company’s stock after purchasing an additional 6,039 shares during the quarter. Verus Capital Partners LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $909,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP increased its holdings in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in 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 period. Bank of America Corp DE lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 14.7% during the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after purchasing an additional 3,543,885 shares during the period. Valpey Financial Services LLC lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after purchasing an additional 3,421,345 shares during the period. Goldman Sachs Group Inc. grew its position in Vanguard Russell 1000 Value ETF by 227.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock valued at $247,752,000 after buying an additional 1,865,509 shares during the last quarter. Finally, OpenArc Corporate Advisory LLC purchased a new position in Vanguard Russell 1000 Value ETF in the 4th quarter valued at $135,878,000.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV opened at $110.42 on Friday. The stock has a market capitalization of $20.69 billion, a P/E ratio of 19.46 and a beta of 0.84. The company’s fifty day moving average is $106.88 and its two-hundred day moving average is $100.90. Vanguard Russell 1000 Value ETF has a 1 year low of $84.13 and a 1 year high of $110.82.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.4102 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Thursday, June 18th.

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.