DAVENPORT & Co LLC Grows Position in Vanguard Russell 1000 Value ETF $VONV

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

A number of other institutional investors also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in Vanguard Russell 1000 Value ETF during the 3rd quarter worth approximately $26,000. Fairway Wealth LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter valued at $32,000. Victory Capital Management Inc. raised its holdings in shares of Vanguard Russell 1000 Value ETF by 139.6% in the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after purchasing an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Vanguard Russell 1000 Value ETF by 355.0% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after purchasing an additional 355 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the 3rd quarter worth $42,000.

Vanguard Russell 1000 Value ETF Trading Up 0.5%

Shares of VONV stock opened at $94.26 on Thursday. The company has a market cap of $14.83 billion, a P/E ratio of 19.46 and a beta of 0.89. The firm has a fifty day moving average price of $96.68 and a 200 day moving average price of $92.88. Vanguard Russell 1000 Value ETF has a 12 month low of $71.68 and a 12 month high of $99.34.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th will be issued 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 of this dividend 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.