MJP Associates Inc. ADV Invests $10.74 Million in Vanguard Russell 1000 Value ETF $VONV

MJP Associates Inc. ADV purchased a new position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 116,318 shares of the company’s stock, valued at approximately $10,736,000. Vanguard Russell 1000 Value ETF accounts for 1.3% of MJP Associates Inc. ADV’s holdings, making the stock its 16th biggest position. MJP Associates Inc. ADV owned approximately 0.07% of Vanguard Russell 1000 Value ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF by 29.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock worth $6,985,000 after buying an additional 17,173 shares during the period. TIAA Trust National Association raised its holdings in shares of Vanguard Russell 1000 Value ETF by 3.3% in the third quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after buying an additional 144,549 shares during the period. AMG National Trust Bank raised its holdings in shares of Vanguard Russell 1000 Value ETF by 15.0% in the third quarter. AMG National Trust Bank now owns 40,637 shares of the company’s stock worth $3,632,000 after buying an additional 5,302 shares during the period. Accredited Wealth Management LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF by 18,617.7% in the third quarter. Accredited Wealth Management LLC now owns 24,333 shares of the company’s stock worth $2,175,000 after buying an additional 24,203 shares during the period. Finally, WestHill Financial Advisors Inc. grew its stake in Vanguard Russell 1000 Value ETF by 0.7% in the fourth quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock worth $69,379,000 after purchasing an additional 5,403 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Up 0.9%

Shares of NASDAQ:VONV opened at $102.52 on Thursday. Vanguard Russell 1000 Value ETF has a 52-week low of $81.12 and a 52-week high of $103.55. The stock has a market cap of $18.29 billion, a P/E ratio of 19.46 and a beta of 0.84. The business’s 50 day moving average is $97.84 and its 200 day moving average is $95.46.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.4117 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.65 annualized dividend and a yield of 1.6%.

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.