SageView Advisory Group LLC Increases Stock Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

SageView Advisory Group LLC lifted its stake in Vanguard Russell 1000 Value (NASDAQ:VONV) by 18.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,369,344 shares of the company’s stock after acquiring an additional 366,318 shares during the period. Vanguard Russell 1000 Value accounts for 8.3% of SageView Advisory Group LLC’s portfolio, making the stock its 2nd largest position. SageView Advisory Group LLC owned 1.94% of Vanguard Russell 1000 Value worth $192,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Franklin Resources Inc. raised its holdings in Vanguard Russell 1000 Value by 3,363.0% in the fourth quarter. Franklin Resources Inc. now owns 1,262,765 shares of the company’s stock worth $102,600,000 after purchasing an additional 1,226,301 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Russell 1000 Value in the 4th quarter worth approximately $98,418,000. FourThought Financial Partners LLC raised its stake in shares of Vanguard Russell 1000 Value by 388.7% during the 4th quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company’s stock worth $28,613,000 after acquiring an additional 280,100 shares in the last quarter. DAVENPORT & Co LLC raised its stake in shares of Vanguard Russell 1000 Value by 4,696.6% during the 4th quarter. DAVENPORT & Co LLC now owns 280,460 shares of the company’s stock worth $22,787,000 after acquiring an additional 274,613 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in Vanguard Russell 1000 Value by 22.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,220,781 shares of the company’s stock valued at $99,188,000 after acquiring an additional 226,960 shares during the last quarter.

Vanguard Russell 1000 Value Trading Up 1.4 %

NASDAQ VONV opened at $77.32 on Friday. The firm’s fifty day simple moving average is $82.34 and its two-hundred day simple moving average is $83.40. The firm has a market capitalization of $10.73 billion, a P/E ratio of 19.33 and a beta of 0.95. Vanguard Russell 1000 Value has a 12-month low of $71.68 and a 12-month high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.54 annualized dividend and a yield of 1.99%.

Vanguard Russell 1000 Value 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.