HighTower Advisors LLC Buys 9,754 Shares of Vanguard Russell 1000 Value ETF $VONV

HighTower Advisors LLC raised its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 483,238 shares of the company’s stock after purchasing an additional 9,754 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $44,603,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VONV. Asset Management One Co. Ltd. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 20.3% during the 4th quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock worth $64,000 after acquiring an additional 117 shares during the period. Pinnacle Financial Partners Inc. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 0.7% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 18,544 shares of the company’s stock worth $1,657,000 after acquiring an additional 132 shares during the period. Intrua Financial LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 6.2% during the 4th quarter. Intrua Financial LLC now owns 2,393 shares of the company’s stock worth $221,000 after acquiring an additional 140 shares during the period. MGO One Seven LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF by 4.0% during the 4th quarter. MGO One Seven LLC now owns 3,839 shares of the company’s stock worth $354,000 after acquiring an additional 146 shares during the period. Finally, Braun Bostich & Associates Inc. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 1.8% during the 4th quarter. Braun Bostich & Associates Inc. now owns 8,770 shares of the company’s stock worth $809,000 after acquiring an additional 151 shares during the period.

Vanguard Russell 1000 Value ETF Trading Up 0.4%

Shares of NASDAQ VONV opened at $102.95 on Friday. Vanguard Russell 1000 Value ETF has a 12 month low of $81.12 and a 12 month high of $103.55. The stock has a 50 day moving average of $97.98 and a 200-day moving average of $95.55. The company has a market capitalization of $18.37 billion, a P/E ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.