Kanawha Capital Management LLC Raises Stock Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Kanawha Capital Management LLC increased its stake in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 52.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,975 shares of the company's stock after acquiring an additional 14,086 shares during the quarter. Kanawha Capital Management LLC's holdings in Vanguard Russell 1000 Value were worth $2,972,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Financial Partners Inc grew its holdings in shares of Vanguard Russell 1000 Value by 1.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 14,405 shares of the company's stock worth $1,045,000 after buying an additional 157 shares in the last quarter. Allegiance Financial Group Advisory Services LLC grew 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 buying an additional 163 shares in the last quarter. Ancora Advisors LLC grew its holdings in shares of Vanguard Russell 1000 Value by 10.1% during the first quarter. Ancora Advisors LLC now owns 1,877 shares of the company's stock worth $125,000 after buying an additional 172 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Vanguard Russell 1000 Value by 1.2% during the third quarter. First Horizon Advisors Inc. now owns 15,979 shares of the company's stock worth $1,065,000 after buying an additional 197 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Vanguard Russell 1000 Value by 5.0% during the first quarter. Steward Partners Investment Advisory LLC now owns 4,304 shares of the company's stock worth $288,000 after buying an additional 205 shares in the last quarter.

Vanguard Russell 1000 Value Stock Down 0.1 %

Shares of Vanguard Russell 1000 Value stock traded down $0.11 during trading hours on Thursday, reaching $76.61. 368,881 shares of the company's stock were exchanged, compared to its average volume of 407,347. Vanguard Russell 1000 Value has a 1 year low of $62.92 and a 1 year high of $78.81. The company has a market capitalization of $8.21 billion, a P/E ratio of 14.90 and a beta of 0.95. The business has a fifty day moving average of $75.73 and a two-hundred day moving average of $71.28.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Thursday, March 21st.

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.

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