Elevation Point Wealth Partners LLC Makes New $3.77 Million Investment in Vanguard Russell 1000 Value ETF $VONV

Elevation Point Wealth Partners LLC acquired a new stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 40,181 shares of the company’s stock, valued at approximately $3,767,000.

A number of other hedge funds also recently made changes to their positions in VONV. Axis Wealth Partners LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 4.0% during the first quarter. Axis Wealth Partners LLC now owns 27,792 shares of the company’s stock worth $2,605,000 after purchasing an additional 1,075 shares in the last quarter. Verus Wealth Management LLC grew its holdings in Vanguard Russell 1000 Value ETF by 3.5% during the 1st quarter. Verus Wealth Management LLC now owns 44,610 shares of the company’s stock valued at $4,182,000 after purchasing an additional 1,514 shares in the last quarter. Intrua Financial LLC grew its holdings in Vanguard Russell 1000 Value ETF by 45.7% during the 1st quarter. Intrua Financial LLC now owns 3,486 shares of the company’s stock valued at $327,000 after purchasing an additional 1,093 shares in the last quarter. EWA LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the 1st quarter worth $205,000. Finally, Janney Montgomery Scott LLC increased its stake in Vanguard Russell 1000 Value ETF by 3.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,718,133 shares of the company’s stock worth $161,058,000 after buying an additional 60,226 shares during the period.

Vanguard Russell 1000 Value ETF Price Performance

Shares of VONV stock opened at $108.23 on Friday. The company’s fifty day moving average price is $104.08 and its two-hundred day moving average price is $98.73. The firm has a market capitalization of $20.50 billion, a P/E ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 12 month low of $84.13 and a 12 month high of $108.27.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.4102 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.64 annualized dividend and a dividend yield of 1.5%.

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.