Vanguard Russell 1000 Value ETF $VONV Shares Purchased by Richmond Investment Services LLC

Richmond Investment Services LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 165.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 19,905 shares of the company’s stock after acquiring an additional 12,405 shares during the period. Richmond Investment Services LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $1,866,000 at the end of the most recent quarter.

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

Vanguard Russell 1000 Value ETF Trading Up 0.2%

NASDAQ:VONV opened at $108.62 on Wednesday. The stock has a 50 day moving average of $104.43 and a two-hundred day moving average of $99.00. Vanguard Russell 1000 Value ETF has a 12 month low of $84.13 and a 12 month high of $109.34. The firm has a market cap of $20.58 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 declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.4102 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was 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.