Thompson Davis & CO. Inc. Purchases Shares of 2,531 Vanguard Russell 1000 Value (NASDAQ:VONV)

Thompson Davis & CO. Inc. acquired a new stake in Vanguard Russell 1000 Value (NASDAQ:VONV) in the third quarter, Holdings Channel reports. The institutional investor acquired 2,531 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors have also added to or reduced their stakes in the company. Future Financial Wealth Managment LLC purchased a new stake in Vanguard Russell 1000 Value in the third quarter worth $25,000. Beacon Capital Management LLC bought a new stake in Vanguard Russell 1000 Value in the 1st quarter worth approximately $43,000. International Assets Investment Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the 2nd quarter valued at $74,000. Signaturefd LLC boosted its position in Vanguard Russell 1000 Value by 2,014.0% in the third quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock worth $88,000 after purchasing an additional 1,007 shares during the last quarter. Finally, Princeton Global Asset Management LLC purchased a new stake in Vanguard Russell 1000 Value during the third quarter valued at approximately $123,000.

Vanguard Russell 1000 Value Stock Performance

NASDAQ:VONV opened at $84.86 on Wednesday. The stock has a 50-day simple moving average of $83.56 and a two-hundred day simple moving average of $80.20. Vanguard Russell 1000 Value has a 52-week low of $67.65 and a 52-week high of $86.57. The firm has a market capitalization of $9.63 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.437 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.06%.

Vanguard Russell 1000 Value 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.