FSM Wealth Advisors LLC Has $14.32 Million Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

FSM Wealth Advisors LLC boosted its position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 6.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 171,879 shares of the company’s stock after buying an additional 9,882 shares during the period. Vanguard Russell 1000 Value accounts for 3.8% of FSM Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest position. FSM Wealth Advisors LLC’s holdings in Vanguard Russell 1000 Value were worth $14,323,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of VONV. Commerce Bank boosted its position in shares of Vanguard Russell 1000 Value by 35.8% in the 1st quarter. Commerce Bank now owns 157,529 shares of the company’s stock valued at $12,388,000 after purchasing an additional 41,519 shares during the period. Avidian Wealth Solutions LLC purchased a new stake in Vanguard Russell 1000 Value in the 1st quarter worth about $215,000. Embree Financial Group purchased a new stake in Vanguard Russell 1000 Value in the 1st quarter worth about $2,030,000. Envestnet Portfolio Solutions Inc. lifted its stake in Vanguard Russell 1000 Value by 3.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 43,116 shares of the company’s stock worth $3,391,000 after acquiring an additional 1,550 shares in the last quarter. Finally, Motive Wealth Advisors purchased a new stake in Vanguard Russell 1000 Value in the 1st quarter worth about $780,000.

Vanguard Russell 1000 Value Trading Down 0.2 %

Shares of Vanguard Russell 1000 Value stock opened at $82.30 on Tuesday. The stock has a 50-day moving average price of $82.73 and a 200 day moving average price of $79.42. The company has a market cap of $9.34 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1 year low of $65.25 and a 1 year high of $85.04.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.437 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 annualized dividend and a yield of 2.12%. The ex-dividend date was Thursday, September 26th.

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.