Bank of America Corp DE lifted its stake in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 17.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,515,240 shares of the company's stock after acquiring an additional 3,443,350 shares during the quarter. Bank of America Corp DE owned approximately 19.25% of Vanguard Russell 1000 Value worth $1,910,613,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB grew its stake in Vanguard Russell 1000 Value by 183.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company's stock valued at $785,000 after buying an additional 6,099 shares during the last quarter. Synovus Financial Corp bought a new stake in Vanguard Russell 1000 Value during the 3rd quarter valued at approximately $269,000. JPMorgan Chase & Co. grew its stake in shares of Vanguard Russell 1000 Value by 13.4% in the third quarter. JPMorgan Chase & Co. now owns 432,022 shares of the company's stock worth $36,000,000 after acquiring an additional 50,950 shares during the last quarter. Benchmark Wealth Management LLC increased its position in Vanguard Russell 1000 Value by 2.1% during the fourth quarter. Benchmark Wealth Management LLC now owns 9,157 shares of the company's stock worth $744,000 after acquiring an additional 186 shares during the period. Finally, Fulton Bank N.A. acquired a new position in Vanguard Russell 1000 Value during the 4th quarter valued at $975,000.
Vanguard Russell 1000 Value Stock Down 0.0 %
NASDAQ VONV traded down $0.03 during midday trading on Friday, hitting $81.25. The company had a trading volume of 398,762 shares, compared to its average volume of 891,820. The firm has a fifty day simple moving average of $80.00 and a two-hundred day simple moving average of $82.79. Vanguard Russell 1000 Value has a fifty-two week low of $71.68 and a fifty-two week high of $87.97. The stock has a market cap of $11.80 billion, a price-to-earnings ratio of 19.31 and a beta of 0.90.
Vanguard Russell 1000 Value Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.3843 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $1.54 annualized dividend and a yield of 1.89%.
About Vanguard Russell 1000 Value
(
Free Report)
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.
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