XML Financial LLC Takes $4.15 Million Position in Vanguard Russell 1000 Value ETF $VONV

XML Financial LLC acquired a new position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 44,241 shares of the company’s stock, valued at approximately $4,147,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the fourth quarter worth about $25,000. Quadrant Capital Group LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $33,000. Victory Capital Management Inc. increased its stake in Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. increased its stake in Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after purchasing an additional 355 shares in the last quarter. Finally, Optima Capital LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF in the fourth quarter worth $45,000.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ VONV opened at $106.14 on Monday. Vanguard Russell 1000 Value ETF has a 12-month low of $82.73 and a 12-month high of $108.02. The company has a fifty day simple moving average of $102.46 and a two-hundred day simple moving average of $97.76. The stock has a market cap of $18.94 billion, a P/E ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th will be given a $0.4102 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, June 18th.

About Vanguard Russell 1000 Value ETF

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.