Janney Montgomery Scott LLC Buys 24,671 Shares of Vanguard Russell 1000 Value ETF $VONV

Janney Montgomery Scott LLC grew its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,657,907 shares of the company’s stock after purchasing an additional 24,671 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $153,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP increased its stake in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Vanguard Russell 1000 Value ETF by 14.7% in the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after acquiring an additional 3,543,885 shares in the last quarter. Valpey Financial Services LLC increased its stake in shares of 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 acquiring an additional 3,421,345 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of 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 worth $247,752,000 after acquiring an additional 1,865,509 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Value ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock worth $1,053,911,000 after acquiring an additional 891,173 shares in the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

Shares of Vanguard Russell 1000 Value ETF stock opened at $103.26 on Thursday. The company has a 50-day moving average of $100.87 and a 200 day moving average of $97.00. The firm has a market cap of $18.42 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1 year low of $82.73 and a 1 year high of $105.89.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.4117 dividend. This represents a $1.65 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, March 24th.

Vanguard Russell 1000 Value ETF 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.