Valpey Financial Services LLC Grows Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Valpey Financial Services LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 9,192.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,458,565 shares of the company’s stock after buying an additional 3,421,345 shares during the period. Vanguard Russell 1000 Value ETF comprises 1.7% of Valpey Financial Services LLC’s portfolio, making the stock its 13th largest holding. Valpey Financial Services LLC owned 2.20% of Vanguard Russell 1000 Value ETF worth $319,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VONV. YANKCOM Partnership purchased a new stake in Vanguard Russell 1000 Value ETF during the fourth quarter valued at approximately $25,000. Victory Capital Management Inc. increased its holdings in Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after buying an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock valued at $41,000 after buying an additional 355 shares during the last quarter. Optima Capital LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the fourth quarter valued at approximately $45,000. Finally, Russell Investments Group Ltd. increased its holdings in Vanguard Russell 1000 Value ETF by 920.0% during the second quarter. Russell Investments Group Ltd. now owns 561 shares of the company’s stock valued at $48,000 after buying an additional 506 shares during the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 0.1%

Shares of VONV stock opened at $104.43 on Friday. Vanguard Russell 1000 Value ETF has a 12 month low of $81.93 and a 12 month high of $104.81. The stock has a market cap of $18.63 billion, a P/E ratio of 19.46 and a beta of 0.84. The company has a 50 day simple moving average of $98.90 and a two-hundred day simple moving average of $96.07.

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. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.