Stifel Financial Corp lifted its stake in Vanguard Russell 1000 Value (NASDAQ:VONV - Free Report) by 161.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,399 shares of the company's stock after acquiring an additional 48,367 shares during the period. Stifel Financial Corp owned approximately 0.06% of Vanguard Russell 1000 Value worth $6,370,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Franklin Resources Inc. increased its holdings in Vanguard Russell 1000 Value by 3,363.0% in the 4th quarter. Franklin Resources Inc. now owns 1,262,765 shares of the company's stock valued at $102,600,000 after buying an additional 1,226,301 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard Russell 1000 Value in the fourth quarter worth about $98,418,000. SageView Advisory Group LLC lifted its stake in Vanguard Russell 1000 Value by 18.3% during the fourth quarter. SageView Advisory Group LLC now owns 2,369,344 shares of the company's stock worth $192,509,000 after purchasing an additional 366,318 shares during the period. FourThought Financial Partners LLC lifted its stake in Vanguard Russell 1000 Value by 388.7% during the fourth quarter. FourThought Financial Partners LLC now owns 352,165 shares of the company's stock worth $28,613,000 after purchasing an additional 280,100 shares during the period. Finally, DAVENPORT & Co LLC grew its position in Vanguard Russell 1000 Value by 4,696.6% in the fourth quarter. DAVENPORT & Co LLC now owns 280,460 shares of the company's stock valued at $22,787,000 after acquiring an additional 274,613 shares during the period.
Vanguard Russell 1000 Value Stock Up 1.5 %
NASDAQ:VONV traded up $1.21 on Friday, reaching $81.14. The stock had a trading volume of 873,882 shares, compared to its average volume of 911,450. The company has a market capitalization of $11.26 billion, a P/E ratio of 18.43 and a beta of 0.95. Vanguard Russell 1000 Value has a 1-year low of $71.68 and a 1-year high of $87.97. The stock has a fifty day moving average price of $80.34 and a 200-day moving average price of $82.91.
Vanguard Russell 1000 Value Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.3843 dividend. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Tuesday, March 25th.
Vanguard Russell 1000 Value Company Profile
(
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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