Vanguard Russell 1000 Value ETF $VONV Shares Acquired by Arrowroot Family Office LLC

Arrowroot Family Office LLC increased its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 11.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 165,971 shares of the company’s stock after buying an additional 17,290 shares during the quarter. Vanguard Russell 1000 Value ETF comprises approximately 5.6% of Arrowroot Family Office LLC’s investment portfolio, making the stock its 3rd biggest position. Arrowroot Family Office LLC’s holdings in Vanguard Russell 1000 Value ETF were worth $15,319,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in Vanguard Russell 1000 Value ETF by 3.0% during the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after acquiring an additional 823,792 shares during the last quarter. Wellington Management Group LLP grew its holdings in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares during the last quarter. TIAA Trust National Association grew its holdings in Vanguard Russell 1000 Value ETF by 3.3% during 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. Valpey Financial Services LLC grew its holdings in Vanguard Russell 1000 Value ETF by 9,192.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after acquiring an additional 3,421,345 shares during the last quarter. Finally, UBS Group AG grew its holdings in Vanguard Russell 1000 Value ETF by 1.8% during the 3rd quarter. UBS Group AG now owns 2,750,558 shares of the company’s stock worth $245,817,000 after acquiring an additional 48,051 shares during the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

VONV opened at $103.72 on Friday. Vanguard Russell 1000 Value ETF has a fifty-two week low of $82.73 and a fifty-two week high of $105.89. The firm has a market capitalization of $18.50 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The company’s 50 day moving average price is $100.18 and its two-hundred day moving average price is $96.62.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.