Diversified LLC Takes $2.91 Million Position in Vanguard Russell 1000 Value (NASDAQ:VONV)

Diversified LLC purchased a new position in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 37,984 shares of the company’s stock, valued at approximately $2,908,000. Vanguard Russell 1000 Value accounts for about 0.3% of Diversified LLC’s portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG boosted its position in Vanguard Russell 1000 Value by 27.2% in the fourth quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock valued at $189,771,000 after buying an additional 558,711 shares during the last quarter. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Value by 7.9% during the 1st quarter. TIAA Trust National Association now owns 3,650,462 shares of the company’s stock valued at $287,072,000 after acquiring an additional 268,303 shares during the period. Raymond James & Associates boosted its holdings in shares of Vanguard Russell 1000 Value by 64.7% in the 1st quarter. Raymond James & Associates now owns 669,084 shares of the company’s stock valued at $52,617,000 after acquiring an additional 262,946 shares during the last quarter. Eagle Wealth Strategies LLC acquired a new stake in shares of Vanguard Russell 1000 Value in the fourth quarter worth $16,671,000. Finally, New York Life Investment Management LLC purchased a new position in shares of Vanguard Russell 1000 Value during the fourth quarter worth $16,040,000.

Vanguard Russell 1000 Value Price Performance

NASDAQ:VONV traded up $0.93 during mid-day trading on Friday, hitting $81.54. The company’s stock had a trading volume of 944,599 shares, compared to its average volume of 362,818. The business’s fifty day moving average is $78.14 and its two-hundred day moving average is $76.91. The stock has a market cap of $9.03 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1 year low of $62.92 and a 1 year high of $81.60.

Vanguard Russell 1000 Value Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a $0.389 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Thursday, June 27th. This is a boost from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

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.