Pinnacle Associates Ltd. Takes $488,000 Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Pinnacle Associates Ltd. acquired a new stake in Vanguard Russell 1000 Value (NASDAQ:VONVFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 6,727 shares of the company’s stock, valued at approximately $488,000.

Several other institutional investors have also modified their holdings of VONV. Qube Research & Technologies Ltd lifted its stake in shares of Vanguard Russell 1000 Value by 1,148.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 587 shares of the company’s stock worth $39,000 after acquiring an additional 540 shares during the last quarter. New Republic Capital LLC bought a new stake in shares of Vanguard Russell 1000 Value during the 2nd quarter worth approximately $50,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter worth approximately $76,000. Macroview Investment Management LLC bought a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter worth approximately $76,000. Finally, NBC Securities Inc. bought a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter worth approximately $77,000.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV stock opened at $77.81 on Thursday. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $78.81. The firm has a market capitalization of $8.54 billion, a P/E ratio of 14.90 and a beta of 0.95. The stock has a 50 day moving average price of $75.28 and a 200 day moving average price of $70.97.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend was Thursday, March 21st.

Vanguard Russell 1000 Value Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Russell 1000 Value (NASDAQ:VONV)

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