Arvest Bank Trust Division Makes New Investment in Vanguard Russell 1000 Value ETF $VONV

Arvest Bank Trust Division acquired a new position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 5,861 shares of the company’s stock, valued at approximately $549,000.

Other large investors have also recently bought and sold shares of the company. YANKCOM Partnership bought a new position in Vanguard Russell 1000 Value ETF in the 4th quarter valued at approximately $25,000. Quadrant Capital Group LLC acquired a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter worth about $33,000. Victory Capital Management Inc. grew 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 worth $40,000 after purchasing an additional 261 shares during the period. Newbridge Financial Services Group Inc. increased its stake in shares of Vanguard Russell 1000 Value ETF by 355.0% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after acquiring an additional 355 shares in the last quarter. Finally, Optima Capital LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF during the fourth quarter valued at about $45,000.

Vanguard Russell 1000 Value ETF Stock Performance

VONV stock opened at $108.52 on Thursday. Vanguard Russell 1000 Value ETF has a fifty-two week low of $84.13 and a fifty-two week high of $109.85. The stock’s 50 day simple moving average is $105.91 and its 200 day simple moving average is $100.21. The company has a market cap of $20.34 billion, a P/E ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Vanguard Russell 1000 Value ETF Company 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.