IFS Group LLC Acquires New Shares in Vanguard Russell 1000 Value ETF $VONV

IFS Group LLC acquired a new position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,071 shares of the company’s stock, valued at approximately $2,256,000. Vanguard Russell 1000 Value ETF accounts for 2.0% of IFS Group LLC’s portfolio, making the stock its 10th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new stake in Vanguard Russell 1000 Value ETF in the fourth quarter valued at $25,000. Quadrant Capital Group LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF during the 4th quarter worth $33,000. Victory Capital Management Inc. grew its holdings in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 261 shares during the period. Newbridge Financial Services Group Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares during the last quarter. Finally, Optima Capital LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter worth about $45,000.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

Shares of VONV opened at $110.50 on Wednesday. The firm has a market cap of $20.71 billion, a P/E ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 12-month low of $84.13 and a 12-month high of $110.82. The company’s 50-day moving average price is $106.47 and its 200 day moving average price is $100.63.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.4102 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%.

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.