Vanguard Russell 1000 Value (NASDAQ:VONV) Stake Boosted by Arrowroot Family Office LLC

Arrowroot Family Office LLC boosted its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 117,774 shares of the company’s stock after acquiring an additional 9,262 shares during the quarter. Vanguard Russell 1000 Value accounts for 5.0% of Arrowroot Family Office LLC’s portfolio, making the stock its 2nd biggest holding. Arrowroot Family Office LLC owned 0.10% of Vanguard Russell 1000 Value worth $9,569,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. TIAA Trust National Association raised its holdings in Vanguard Russell 1000 Value by 2.2% in the 4th quarter. TIAA Trust National Association now owns 3,973,639 shares of the company’s stock worth $322,858,000 after purchasing an additional 87,421 shares during the period. SageView Advisory Group LLC increased its position in Vanguard Russell 1000 Value by 18.3% in the fourth quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company’s stock worth $192,509,000 after buying an additional 366,318 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Russell 1000 Value by 1.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,216,616 shares of the company’s stock worth $180,100,000 after buying an additional 27,759 shares during the period. LPL Financial LLC lifted its position in shares of Vanguard Russell 1000 Value by 6.4% during the 4th quarter. LPL Financial LLC now owns 1,526,119 shares of the company’s stock valued at $123,997,000 after buying an additional 92,108 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Vanguard Russell 1000 Value by 5.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,331,241 shares of the company’s stock valued at $108,163,000 after acquiring an additional 64,052 shares during the period.

Vanguard Russell 1000 Value Price Performance

VONV opened at $81.14 on Friday. The company has a 50 day simple moving average of $80.34 and a two-hundred day simple moving average of $82.92. The firm has a market cap of $11.26 billion, a P/E ratio of 18.43 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $71.68 and a 1-year high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.3843 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 dividend on an annualized basis and a yield of 1.89%.

Vanguard Russell 1000 Value Company 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.