Essex Savings Bank Grows Stock Position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Essex Savings Bank increased its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 63.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,090 shares of the company’s stock after buying an additional 3,931 shares during the quarter. Essex Savings Bank’s holdings in Vanguard Russell 1000 Value ETF were worth $833,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of VONV. Lokken Investment Group LLC grew its stake in shares of Vanguard Russell 1000 Value ETF by 2.6% in the fourth quarter. Lokken Investment Group LLC now owns 5,404 shares of the company’s stock valued at $439,000 after buying an additional 136 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Vanguard Russell 1000 Value ETF by 11.1% during the first quarter. Fifth Third Bancorp now owns 2,335 shares of the company’s stock worth $193,000 after buying an additional 234 shares in the last quarter. HM Payson & Co. grew its position in shares of Vanguard Russell 1000 Value ETF by 45.4% during the fourth quarter. HM Payson & Co. now owns 798 shares of the company’s stock worth $65,000 after buying an additional 249 shares in the last quarter. Curtis Advisory Group LLC grew its position in shares of Vanguard Russell 1000 Value ETF by 0.4% during the fourth quarter. Curtis Advisory Group LLC now owns 61,600 shares of the company’s stock worth $5,005,000 after buying an additional 266 shares in the last quarter. Finally, Minot DeBlois Advisors LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the fourth quarter worth approximately $25,000.

Vanguard Russell 1000 Value ETF Trading Down 0.8%

VONV stock opened at $83.24 on Wednesday. Vanguard Russell 1000 Value ETF has a twelve month low of $71.68 and a twelve month high of $87.97. The company has a market capitalization of $11.56 billion, a P/E ratio of 19.37 and a beta of 0.95. The firm has a 50 day simple moving average of $81.18 and a 200-day simple moving average of $82.42.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed 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. This represents a $1.54 annualized dividend and a yield of 1.85%. The ex-dividend date was Tuesday, March 25th.

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.