Stifel Financial Corp Increases Stake in Vanguard Russell 1000 Value (NASDAQ:VONV)

Stifel Financial Corp grew its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,032 shares of the company’s stock after purchasing an additional 647 shares during the quarter. Stifel Financial Corp’s holdings in Vanguard Russell 1000 Value were worth $2,503,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Future Financial Wealth Managment LLC acquired a new position in shares of Vanguard Russell 1000 Value during the 3rd quarter worth approximately $25,000. International Assets Investment Management LLC purchased a new position in Vanguard Russell 1000 Value during the second quarter worth approximately $74,000. Signaturefd LLC boosted its stake in Vanguard Russell 1000 Value by 2,014.0% during the third quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock worth $88,000 after buying an additional 1,007 shares during the last quarter. Princeton Global Asset Management LLC purchased a new stake in Vanguard Russell 1000 Value in the 3rd quarter valued at $123,000. Finally, 1832 Asset Management L.P. acquired a new stake in shares of Vanguard Russell 1000 Value in the 2nd quarter worth $127,000.

Vanguard Russell 1000 Value Trading Down 2.6 %

Shares of VONV stock opened at $81.14 on Thursday. Vanguard Russell 1000 Value has a twelve month low of $70.65 and a twelve month high of $87.97. The company’s 50-day moving average price is $84.88 and its 200-day moving average price is $81.39. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.437 dividend. This represents a $1.75 annualized dividend and a yield of 2.15%. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Thursday, September 26th.

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.