Vanguard Russell 1000 Value (NASDAQ:VONV) Shares Acquired by Commerce Bank

Commerce Bank increased its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 35.8% during the first quarter, Holdings Channel reports. The fund owned 157,529 shares of the company’s stock after acquiring an additional 41,519 shares during the quarter. Commerce Bank’s holdings in Vanguard Russell 1000 Value were worth $12,388,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Deane Retirement Strategies Inc. purchased a new position in shares of Vanguard Russell 1000 Value during the 1st quarter worth about $26,000. Elevate Wealth Advisory Inc. acquired a new position in shares of Vanguard Russell 1000 Value in the 4th quarter valued at $27,000. ORG Partners LLC grew its stake in shares of Vanguard Russell 1000 Value by 922.2% during the 4th quarter. ORG Partners LLC now owns 460 shares of the company’s stock valued at $34,000 after buying an additional 415 shares during the period. Principal Securities Inc. acquired a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter worth $54,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of Vanguard Russell 1000 Value in the 1st quarter worth $67,000.

Vanguard Russell 1000 Value Stock Up 0.5 %

Shares of VONV stock traded up $0.36 during mid-day trading on Wednesday, reaching $76.67. The company’s stock had a trading volume of 229,551 shares, compared to its average volume of 371,257. The firm has a market capitalization of $8.49 billion, a PE ratio of 17.49 and a beta of 0.95. The company’s 50 day simple moving average is $77.01 and its 200-day simple moving average is $75.48. Vanguard Russell 1000 Value has a 12-month low of $62.92 and a 12-month high of $78.81.

Vanguard Russell 1000 Value Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a dividend of $0.389 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date was Thursday, June 27th. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

Vanguard Russell 1000 Value Company 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.