Great Valley Advisor Group Inc. Acquires Shares of 5,403 Vanguard Russell 1000 Value (NASDAQ:VONV)

Great Valley Advisor Group Inc. acquired a new stake in Vanguard Russell 1000 Value (NASDAQ:VONV) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,403 shares of the company’s stock, valued at approximately $392,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VONV. TIAA Trust National Association acquired a new position in Vanguard Russell 1000 Value in the 3rd quarter valued at $217,162,000. Modera Wealth Management LLC lifted its position in shares of Vanguard Russell 1000 Value by 2,165.6% during the 3rd quarter. Modera Wealth Management LLC now owns 468,765 shares of the company’s stock worth $32,082,000 after buying an additional 448,074 shares during the last quarter. Comerica Bank bought a new stake in shares of Vanguard Russell 1000 Value during the 3rd quarter worth $28,000,000. Congress Wealth Management LLC DE bought a new position in Vanguard Russell 1000 Value in the third quarter valued at about $26,053,000. Finally, Eagle Wealth Strategies LLC bought a new position in Vanguard Russell 1000 Value in the fourth quarter valued at about $16,671,000.

Vanguard Russell 1000 Value Trading Up 0.5 %

Vanguard Russell 1000 Value stock opened at $75.99 on Monday. The company has a market capitalization of $8.14 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 12 month low of $62.92 and a 12 month high of $78.81. The stock has a 50-day moving average price of $76.37 and a two-hundred day moving average price of $72.43.

Vanguard Russell 1000 Value Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were paid a $0.335 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.34 annualized dividend and a dividend yield of 1.76%.

About Vanguard Russell 1000 Value

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.