Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Shares Acquired by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. boosted its position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 149.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,596 shares of the company’s stock after buying an additional 12,952 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Russell 1000 Value ETF were worth $1,783,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VONV. Bank of America Corp DE grew its position in shares of Vanguard Russell 1000 Value ETF by 17.2% in the 4th quarter. Bank of America Corp DE now owns 23,515,240 shares of the company’s stock worth $1,910,613,000 after acquiring an additional 3,443,350 shares in the last quarter. Franklin Resources Inc. lifted its stake in Vanguard Russell 1000 Value ETF by 3,363.0% during 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 during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Russell 1000 Value ETF in the fourth quarter worth $98,418,000. SageView Advisory Group LLC increased its stake in Vanguard Russell 1000 Value ETF by 18.3% during the fourth quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company’s stock valued at $192,509,000 after purchasing an additional 366,318 shares during the last quarter. Finally, FourThought Financial Partners LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF by 388.7% during the fourth quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company’s stock worth $28,613,000 after purchasing an additional 280,100 shares during the period.

Vanguard Russell 1000 Value ETF Stock Performance

Vanguard Russell 1000 Value ETF stock opened at $83.37 on Thursday. Vanguard Russell 1000 Value ETF has a 1 year low of $71.68 and a 1 year high of $87.97. The firm’s 50-day moving average is $81.28 and its 200-day moving average is $82.43. The company has a market cap of $11.57 billion, a P/E ratio of 19.37 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm 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 dividend on an annualized basis and a yield of 1.84%.

Vanguard Russell 1000 Value ETF 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.