WestHill Financial Advisors Inc. Raises Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

WestHill Financial Advisors Inc. raised its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 0.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 751,666 shares of the company’s stock after purchasing an additional 5,403 shares during the quarter. Vanguard Russell 1000 Value ETF comprises about 13.2% of WestHill Financial Advisors Inc.’s investment portfolio, making the stock its 4th largest position. WestHill Financial Advisors Inc.’s holdings in Vanguard Russell 1000 Value ETF were worth $69,379,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP raised its position in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after acquiring an additional 4,894,074 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Russell 1000 Value ETF by 14.7% during the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock valued at $2,356,252,000 after purchasing an additional 3,543,885 shares during the period. Phoenix Financial Ltd. bought a new stake in Vanguard Russell 1000 Value ETF in the third quarter valued at approximately $259,530,000. Raymond James Financial Inc. increased its stake in Vanguard Russell 1000 Value ETF by 26.2% in the second quarter. Raymond James Financial Inc. now owns 1,400,005 shares of the company’s stock valued at $119,294,000 after purchasing an additional 290,743 shares in the last quarter. Finally, Truist Financial Corp boosted its position in shares of Vanguard Russell 1000 Value ETF by 22.6% during the third quarter. Truist Financial Corp now owns 1,475,445 shares of the company’s stock worth $131,861,000 after purchasing an additional 271,652 shares in the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

Shares of VONV stock opened at $94.55 on Monday. Vanguard Russell 1000 Value ETF has a 12-month low of $71.68 and a 12-month high of $99.34. The firm has a market capitalization of $16.24 billion, a price-to-earnings ratio of 19.46 and a beta of 0.89. The firm has a fifty day moving average of $96.33 and a 200-day moving average of $93.14.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.4117 per share. The ex-dividend date was Tuesday, March 24th. This represents a $1.65 annualized dividend and a yield of 1.7%.

About Vanguard Russell 1000 Value ETF

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.