Park Avenue Securities LLC Grows Holdings in Vanguard Russell 1000 Value ETF $VONV

Park Avenue Securities LLC lifted its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 67.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,272 shares of the company’s stock after buying an additional 6,932 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $1,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in Vanguard Russell 1000 Value ETF by 11.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 583,695 shares of the company’s stock valued at $48,178,000 after acquiring an additional 60,644 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF in the 1st quarter worth about $5,536,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard Russell 1000 Value ETF by 11.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 577,227 shares of the company’s stock valued at $49,186,000 after purchasing an additional 59,776 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the 2nd quarter valued at about $260,000. Finally, CreativeOne Wealth LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 5.7% during the second quarter. CreativeOne Wealth LLC now owns 8,470 shares of the company’s stock worth $722,000 after purchasing an additional 453 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of VONV stock opened at $93.82 on Wednesday. The stock has a market capitalization of $14.77 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a one year low of $71.68 and a one year high of $99.34. The company’s 50-day simple moving average is $96.71 and its 200-day simple moving average is $92.87.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.4117 per share. The ex-dividend date is Tuesday, March 24th. This represents a $1.65 annualized dividend and a yield of 1.8%.

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.