Vanguard Russell 1000 Value (NASDAQ:VONV) Shares Purchased by Golden Road Advisors LLC

Golden Road Advisors LLC grew its stake in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 2.6% in the first quarter, Holdings Channel.com reports. The fund owned 51,572 shares of the company’s stock after buying an additional 1,295 shares during the quarter. Vanguard Russell 1000 Value comprises about 3.4% of Golden Road Advisors LLC’s holdings, making the stock its 5th biggest position. Golden Road Advisors LLC’s holdings in Vanguard Russell 1000 Value were worth $4,056,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pinnacle Financial Partners Inc lifted its holdings in shares of Vanguard Russell 1000 Value by 1.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company’s stock valued at $1,045,000 after purchasing an additional 157 shares in the last quarter. Allegiance Financial Group Advisory Services LLC raised its holdings in shares of Vanguard Russell 1000 Value by 0.6% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 26,650 shares of the company’s stock worth $1,933,000 after acquiring an additional 163 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Vanguard Russell 1000 Value by 6.1% during the fourth quarter. Bleakley Financial Group LLC now owns 5,129 shares of the company’s stock worth $372,000 after acquiring an additional 293 shares in the last quarter. Simplicity Solutions LLC raised its holdings in shares of Vanguard Russell 1000 Value by 6.1% during the fourth quarter. Simplicity Solutions LLC now owns 5,129 shares of the company’s stock worth $372,000 after acquiring an additional 293 shares in the last quarter. Finally, RMR Wealth Builders raised its holdings in shares of Vanguard Russell 1000 Value by 6.0% during the fourth quarter. RMR Wealth Builders now owns 5,529 shares of the company’s stock worth $401,000 after acquiring an additional 313 shares in the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ:VONV traded down $0.43 during midday trading on Monday, hitting $76.14. 274,624 shares of the stock were exchanged, compared to its average volume of 374,555. Vanguard Russell 1000 Value has a 52-week low of $62.92 and a 52-week high of $78.81. The business’s fifty day simple moving average is $76.97 and its two-hundred day simple moving average is $75.27. The company has a market capitalization of $8.16 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 will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be issued a dividend of $0.389 per share. This represents a $1.56 annualized dividend and a dividend yield of 2.04%. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, June 27th.

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.