Franklin Resources Inc. raised its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 3,363.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,262,765 shares of the company's stock after acquiring an additional 1,226,301 shares during the period. Franklin Resources Inc. owned approximately 1.03% of Vanguard Russell 1000 Value worth $102,600,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Vanguard Russell 1000 Value during the fourth quarter worth about $98,418,000. FourThought Financial Partners LLC increased its holdings in shares of Vanguard Russell 1000 Value by 388.7% during the 4th quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company's stock worth $28,613,000 after buying an additional 280,100 shares during the last quarter. DAVENPORT & Co LLC raised its position in shares of Vanguard Russell 1000 Value by 4,696.6% during the 4th quarter. DAVENPORT & Co LLC now owns 280,460 shares of the company's stock valued at $22,787,000 after buying an additional 274,613 shares during the period. Verdence Capital Advisors LLC lifted its holdings in Vanguard Russell 1000 Value by 78.9% in the fourth quarter. Verdence Capital Advisors LLC now owns 270,091 shares of the company's stock valued at $21,945,000 after acquiring an additional 119,089 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in Vanguard Russell 1000 Value in the fourth quarter valued at approximately $8,272,000.
Vanguard Russell 1000 Value Trading Down 0.8 %
VONV stock traded down $0.59 during midday trading on Monday, hitting $74.11. 715,500 shares of the company's stock were exchanged, compared to its average volume of 828,937. Vanguard Russell 1000 Value has a 1-year low of $71.68 and a 1-year high of $87.97. The stock has a market capitalization of $9.73 billion, a PE ratio of 19.33 and a beta of 0.95. The business has a 50-day simple moving average of $83.62 and a two-hundred day simple moving average of $83.76.
Vanguard Russell 1000 Value Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.3843 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.54 annualized dividend and a yield of 2.07%.
Vanguard Russell 1000 Value Company Profile
(
Free Report)
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.
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