9,920 Shares in Vanguard Russell 1000 Value (NASDAQ:VONV) Bought by Motive Wealth Advisors

Motive Wealth Advisors purchased a new position in Vanguard Russell 1000 Value (NASDAQ:VONV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,920 shares of the company’s stock, valued at approximately $780,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the first quarter worth $26,000. Elevate Wealth Advisory Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the fourth quarter worth $27,000. ORG Partners LLC grew its holdings in shares of Vanguard Russell 1000 Value by 922.2% during the fourth quarter. ORG Partners LLC now owns 460 shares of the company’s stock worth $34,000 after buying an additional 415 shares in the last quarter. Principal Securities Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the fourth quarter worth $54,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of Vanguard Russell 1000 Value during the first quarter worth $67,000.

Vanguard Russell 1000 Value Stock Up 0.7 %

Shares of Vanguard Russell 1000 Value stock traded up $0.52 during trading hours on Friday, reaching $78.39. 297,275 shares of the company’s stock were exchanged, compared to its average volume of 370,680. Vanguard Russell 1000 Value has a 1 year low of $62.92 and a 1 year high of $78.81. The company has a market capitalization of $8.68 billion, a P/E ratio of 17.49 and a beta of 0.95. The business has a fifty day moving average of $77.15 and a two-hundred day moving average of $75.55.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a dividend of $0.389 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, June 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.98%.

Vanguard Russell 1000 Value 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.