Silvercrest Asset Management Group LLC Acquires 55,120 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Silvercrest Asset Management Group LLC grew its position in Vanguard Russell 1000 Value (NASDAQ:VONV) by 40.0% during the 4th quarter, HoldingsChannel reports. The firm owned 192,919 shares of the company’s stock after purchasing an additional 55,120 shares during the quarter. Silvercrest Asset Management Group LLC’s holdings in Vanguard Russell 1000 Value were worth $15,675,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Vanguard Russell 1000 Value by 4.9% in the fourth quarter. Royal Bank of Canada now owns 700,666 shares of the company’s stock worth $56,929,000 after purchasing an additional 32,524 shares during the period. Pathstone Holdings LLC raised its holdings in Vanguard Russell 1000 Value by 8.9% in the fourth quarter. Pathstone Holdings LLC now owns 989,435 shares of the company’s stock worth $80,392,000 after purchasing an additional 80,540 shares during the period. NorthRock Partners LLC raised its holdings in Vanguard Russell 1000 Value by 17.8% in the fourth quarter. NorthRock Partners LLC now owns 14,521 shares of the company’s stock worth $1,180,000 after purchasing an additional 2,192 shares during the period. Minot DeBlois Advisors LLC acquired a new stake in Vanguard Russell 1000 Value in the fourth quarter worth $25,000. Finally, D. E. Shaw & Co. Inc. raised its holdings in Vanguard Russell 1000 Value by 74.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 6,372 shares of the company’s stock worth $518,000 after purchasing an additional 2,726 shares during the period.

Vanguard Russell 1000 Value Stock Performance

VONV opened at $83.86 on Friday. The firm’s fifty day moving average is $80.05 and its two-hundred day moving average is $82.78. The firm has a market cap of $11.64 billion, a PE ratio of 19.31 and a beta of 0.95. Vanguard Russell 1000 Value has a twelve month low of $71.68 and a twelve month high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.3843 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 annualized dividend and a yield of 1.83%.

About Vanguard Russell 1000 Value

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.