Moran Wealth Management LLC Purchases Shares of 72,732 Vanguard Russell 1000 Value ETF $VONV

Moran Wealth Management LLC acquired a new position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 72,732 shares of the company’s stock, valued at approximately $6,818,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VONV. Baer Investment Advisory LLC bought a new position in Vanguard Russell 1000 Value ETF during the 1st quarter worth approximately $242,000. World Investment Advisors lifted its position in Vanguard Russell 1000 Value ETF by 1.6% in the first quarter. World Investment Advisors now owns 33,552 shares of the company’s stock valued at $3,145,000 after purchasing an additional 516 shares during the last quarter. Private Advisor Group LLC lifted its position in Vanguard Russell 1000 Value ETF by 27.6% in the first quarter. Private Advisor Group LLC now owns 377,087 shares of the company’s stock valued at $35,348,000 after purchasing an additional 81,600 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard Russell 1000 Value ETF during the first quarter valued at approximately $3,767,000. Finally, Axis Wealth Partners LLC boosted its stake 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 valued at $2,605,000 after purchasing an additional 1,075 shares during the period.

Vanguard Russell 1000 Value ETF Price Performance

NASDAQ:VONV opened at $108.23 on Friday. The firm has a market capitalization of $20.50 billion, a P/E ratio of 19.46 and a beta of 0.84. The company has a fifty day moving average of $104.08 and a 200 day moving average of $98.73. Vanguard Russell 1000 Value ETF has a 52 week low of $84.13 and a 52 week high of $108.27.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.