Arrowroot Family Office LLC Raises Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Arrowroot Family Office LLC lifted its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 12.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,512 shares of the company’s stock after buying an additional 11,829 shares during the period. Vanguard Russell 1000 Value comprises 5.3% of Arrowroot Family Office LLC’s holdings, making the stock its 2nd largest position. Arrowroot Family Office LLC owned approximately 0.10% of Vanguard Russell 1000 Value worth $9,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FSA Wealth Management LLC acquired a new position in Vanguard Russell 1000 Value during the third quarter worth $154,000. Captrust Financial Advisors grew its position in shares of Vanguard Russell 1000 Value by 0.6% in the 3rd quarter. Captrust Financial Advisors now owns 203,327 shares of the company’s stock valued at $16,943,000 after acquiring an additional 1,249 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Vanguard Russell 1000 Value by 2.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 384,458 shares of the company’s stock worth $32,037,000 after purchasing an additional 10,997 shares during the last quarter. Financial Counselors Inc. bought a new stake in shares of Vanguard Russell 1000 Value in the 3rd quarter valued at about $200,000. Finally, WFA of San Diego LLC lifted its stake in Vanguard Russell 1000 Value by 1.5% in the 3rd quarter. WFA of San Diego LLC now owns 26,513 shares of the company’s stock valued at $2,209,000 after purchasing an additional 389 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

Vanguard Russell 1000 Value stock opened at $87.69 on Monday. The stock has a 50-day simple moving average of $84.34 and a 200 day simple moving average of $80.72. The stock has a market capitalization of $9.96 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52 week low of $68.55 and a 52 week high of $87.97.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.437 per share. 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 dividend yield of 1.99%. 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.