Farther Finance Advisors LLC Increases Stock Position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV)

Farther Finance Advisors LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 97.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,301 shares of the company’s stock after acquiring an additional 3,608 shares during the quarter. Farther Finance Advisors LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $603,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 589.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 66,551 shares of the company’s stock worth $5,407,000 after purchasing an additional 56,899 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Vanguard Russell 1000 Value ETF by 3.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 455,837 shares of the company’s stock worth $37,037,000 after buying an additional 15,604 shares during the last quarter. Mission Wealth Management LP purchased a new position in Vanguard Russell 1000 Value ETF in the 4th quarter worth about $536,000. AMG National Trust Bank lifted its stake in Vanguard Russell 1000 Value ETF by 292.0% during the 4th quarter. AMG National Trust Bank now owns 9,642 shares of the company’s stock valued at $782,000 after acquiring an additional 7,182 shares during the period. Finally, Stonebridge Financial Planning Group LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $1,221,000.

Vanguard Russell 1000 Value ETF Stock Down 1.0%

Shares of VONV stock opened at $83.34 on Friday. The company has a 50 day moving average price of $80.86 and a 200-day moving average price of $82.48. Vanguard Russell 1000 Value ETF has a 52 week low of $71.68 and a 52 week high of $87.97. The firm has a market capitalization of $11.57 billion, a PE ratio of 19.37 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.3843 dividend. This represents a $1.54 annualized dividend and a yield of 1.84%. The ex-dividend date was Tuesday, March 25th.

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.