BNP Paribas Financial Markets Purchases New Stake in Vanguard Russell 1000 Value ETF $VONV

BNP Paribas Financial Markets purchased a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 200,000 shares of the company’s stock, valued at approximately $18,460,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. YANKCOM Partnership bought a new stake in Vanguard Russell 1000 Value ETF during the fourth quarter valued at $25,000. Victory Capital Management Inc. increased its stake in 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 valued at $40,000 after purchasing an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. increased its stake in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after purchasing an additional 355 shares during the last quarter. Optima Capital LLC bought a new position in shares of Vanguard Russell 1000 Value ETF during the fourth quarter worth about $45,000. Finally, Russell Investments Group Ltd. grew its position in shares of Vanguard Russell 1000 Value ETF by 920.0% during the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock worth $48,000 after acquiring an additional 506 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Vanguard Russell 1000 Value ETF stock opened at $103.72 on Friday. The company has a 50-day simple moving average of $100.18 and a 200-day simple moving average of $96.62. The firm has a market capitalization of $18.50 billion, a P/E ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a one year low of $82.73 and a one year high of $105.89.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a dividend of $0.4117 per share. The ex-dividend date was Tuesday, March 24th. This represents a $1.65 annualized dividend and a dividend yield of 1.6%.

Vanguard Russell 1000 Value ETF 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.