Wedbush Securities Inc. Purchases 59,940 Shares of Vanguard Russell 1000 Value ETF $VONV

Wedbush Securities Inc. boosted its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1,524.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,871 shares of the company’s stock after purchasing an additional 59,940 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $8,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Quadrant Capital Group LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF in the fourth quarter worth approximately $33,000. Victory Capital Management Inc. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares during the period. Newbridge Financial Services Group Inc. grew its holdings in shares of Vanguard Russell 1000 Value ETF by 355.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares during the last quarter. Integrity Financial Corp WA grew its holdings in shares of Vanguard Russell 1000 Value ETF by 1,828.6% in the fourth quarter. Integrity Financial Corp WA now owns 540 shares of the company’s stock worth $50,000 after purchasing an additional 512 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Vanguard Russell 1000 Value ETF by 920.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock worth $48,000 after buying an additional 506 shares during the period.

Vanguard Russell 1000 Value ETF Price Performance

Vanguard Russell 1000 Value ETF stock opened at $113.28 on Friday. The stock has a market cap of $21.23 billion, a price-to-earnings ratio of 19.46 and a beta of 0.83. Vanguard Russell 1000 Value ETF has a 1 year low of $87.38 and a 1 year high of $114.08. The firm has a 50-day moving average of $110.04 and a two-hundred day moving average of $103.21.

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 issued a $0.4102 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%.

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.