MML Investors Services LLC Buys 5,997 Shares of Vanguard Russell 1000 Value ETF $VONV

MML Investors Services LLC boosted its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,550 shares of the company’s stock after purchasing an additional 5,997 shares during the quarter. MML Investors Services LLC owned about 0.25% of Vanguard Russell 1000 Value ETF worth $36,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in Vanguard Russell 1000 Value ETF by 3.0% during the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after purchasing an additional 823,792 shares in the last quarter. LPL Financial LLC boosted its position in Vanguard Russell 1000 Value ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock valued at $1,053,911,000 after purchasing an additional 891,173 shares in the last quarter. Wellington Management Group LLP boosted its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after purchasing an additional 4,894,074 shares in the last quarter. TIAA Trust National Association boosted its position in Vanguard Russell 1000 Value ETF by 4.0% during the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock valued at $436,277,000 after purchasing an additional 181,325 shares in the last quarter. Finally, Valpey Financial Services LLC boosted its position in Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after purchasing an additional 3,421,345 shares in the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of NASDAQ VONV opened at $107.29 on Tuesday. The company has a market cap of $19.14 billion, a PE ratio of 19.46 and a beta of 0.84. The business has a 50-day simple moving average of $101.60 and a two-hundred day simple moving average of $97.35. Vanguard Russell 1000 Value ETF has a fifty-two week low of $82.73 and a fifty-two week high of $107.68.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a $0.4117 dividend. This represents a $1.65 annualized dividend and a yield of 1.5%. 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.