DAVENPORT & Co LLC Raises Holdings in Vanguard Russell 1000 Value ETF $VONV

DAVENPORT & Co LLC boosted its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 328.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 152,174 shares of the company’s stock after acquiring an additional 116,661 shares during the quarter. DAVENPORT & Co LLC owned about 0.10% of Vanguard Russell 1000 Value ETF worth $14,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VONV. AMG National Trust Bank lifted its position in 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 valued at $3,632,000 after buying an additional 5,302 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Vanguard Russell 1000 Value ETF by 209.4% during the third quarter. Farther Finance Advisors LLC now owns 22,031 shares of the company’s stock valued at $1,969,000 after acquiring an additional 14,911 shares during the last quarter. Bernardo Wealth Planning LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 2.1% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 334,949 shares of the company’s stock valued at $28,541,000 after acquiring an additional 6,899 shares during the period. First Horizon Corp purchased a new stake in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter valued at approximately $1,222,000. Finally, TIAA Trust National Association lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 3.3% in the 3rd quarter. TIAA Trust National Association now owns 4,545,391 shares of the company’s stock worth $406,222,000 after acquiring an additional 144,549 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ:VONV opened at $94.26 on Thursday. The stock has a market capitalization of $14.83 billion, a P/E ratio of 19.46 and a beta of 0.89. The company has a 50 day moving average price of $96.68 and a 200 day moving average price of $92.88. Vanguard Russell 1000 Value ETF has a fifty-two week low of $71.68 and a fifty-two week high of $99.34.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.4117 per share. This represents a $1.65 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, March 24th.

About Vanguard Russell 1000 Value ETF

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.