City Holding Co. Invests $914,000 in Vanguard Russell 1000 Value ETF $VONV

City Holding Co. bought a new position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,903 shares of the company’s stock, valued at approximately $914,000.

Several other hedge funds have also recently added to or reduced their stakes in VONV. YANKCOM Partnership acquired a new position in Vanguard Russell 1000 Value ETF in the fourth quarter valued at about $25,000. WPG Advisers LLC acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at about $26,000. Fairway Wealth LLC acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at about $32,000. Victory Capital Management Inc. raised its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 261 shares during the period. Finally, Newbridge Financial Services Group Inc. raised its position in Vanguard Russell 1000 Value ETF by 355.0% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after buying an additional 355 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of Vanguard Russell 1000 Value ETF stock opened at $97.35 on Friday. The business’s 50 day simple moving average is $96.35 and its 200 day simple moving average is $93.36. Vanguard Russell 1000 Value ETF has a 52-week low of $75.12 and a 52-week high of $99.34. The firm has a market cap of $17.37 billion, a PE ratio of 19.46 and a beta of 0.85.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.4117 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.