LPL Financial LLC Buys 92,108 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

LPL Financial LLC boosted its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,526,119 shares of the company's stock after buying an additional 92,108 shares during the quarter. LPL Financial LLC owned 1.25% of Vanguard Russell 1000 Value worth $123,997,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VONV. Great Valley Advisor Group Inc. increased its stake in Vanguard Russell 1000 Value by 28.8% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 6,682 shares of the company's stock worth $557,000 after purchasing an additional 1,496 shares in the last quarter. Diversified LLC boosted its holdings in shares of Vanguard Russell 1000 Value by 8.6% in the third quarter. Diversified LLC now owns 41,235 shares of the company's stock worth $3,436,000 after buying an additional 3,251 shares during the period. FMR LLC increased its position in shares of Vanguard Russell 1000 Value by 17.4% in the third quarter. FMR LLC now owns 22,206 shares of the company's stock worth $1,850,000 after acquiring an additional 3,293 shares in the last quarter. WFA of San Diego LLC grew its position in Vanguard Russell 1000 Value by 1.5% during the 3rd quarter. WFA of San Diego LLC now owns 26,513 shares of the company's stock worth $2,209,000 after purchasing an additional 389 shares in the last quarter. Finally, Financial Counselors Inc. purchased a new position in shares of Vanguard Russell 1000 Value during the third quarter valued at $200,000.

Vanguard Russell 1000 Value Stock Down 1.3 %

Shares of VONV traded down $1.09 during trading hours on Friday, reaching $81.78. The company's stock had a trading volume of 1,441,715 shares, compared to its average volume of 808,829. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of 18.79 and a beta of 0.95. The company has a 50 day moving average of $84.05 and a two-hundred day moving average of $83.77. Vanguard Russell 1000 Value has a 1-year low of $74.11 and a 1-year high of $87.97.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.3843 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Tuesday, March 25th.

Vanguard Russell 1000 Value 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.