M&T Bank Corp raised its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 4.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 188,200 shares of the company's stock after buying an additional 8,218 shares during the quarter. M&T Bank Corp owned about 0.17% of Vanguard Russell 1000 Value worth $15,682,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VONV. TIAA Trust National Association raised its stake in shares of Vanguard Russell 1000 Value by 3.9% in the second quarter. TIAA Trust National Association now owns 3,793,357 shares of the company's stock worth $290,457,000 after purchasing an additional 142,895 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Vanguard Russell 1000 Value by 1.2% in the third quarter. Janney Montgomery Scott LLC now owns 1,750,963 shares of the company's stock worth $145,908,000 after purchasing an additional 21,177 shares during the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Russell 1000 Value by 18.7% in the third quarter. LPL Financial LLC now owns 1,434,011 shares of the company's stock worth $119,496,000 after purchasing an additional 226,324 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Vanguard Russell 1000 Value by 13.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company's stock worth $96,857,000 after purchasing an additional 149,680 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of Vanguard Russell 1000 Value by 2.3% in the third quarter. Citigroup Inc. now owns 1,140,495 shares of the company's stock worth $95,037,000 after purchasing an additional 25,252 shares during the last quarter.
Vanguard Russell 1000 Value Stock Down 0.3 %
Shares of NASDAQ:VONV traded down $0.23 during trading on Wednesday, hitting $84.88. The stock had a trading volume of 812,215 shares, compared to its average volume of 367,242. Vanguard Russell 1000 Value has a 12-month low of $69.89 and a 12-month high of $87.97. The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The stock has a 50-day simple moving average of $84.83 and a two-hundred day simple moving average of $81.16.
Vanguard Russell 1000 Value Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.437 dividend. This represents a $1.75 annualized dividend and a dividend yield of 2.06%. This is a boost from Vanguard Russell 1000 Value's previous quarterly dividend of $0.39. The ex-dividend date was Thursday, September 26th.
About Vanguard Russell 1000 Value
(
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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