Vanguard Russell 1000 Value (NASDAQ:VONV) Stake Boosted by Modera Wealth Management LLC

Modera Wealth Management LLC boosted its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 145.8% in the second quarter, HoldingsChannel.com reports. The firm owned 34,296 shares of the company’s stock after acquiring an additional 20,346 shares during the period. Modera Wealth Management LLC’s holdings in Vanguard Russell 1000 Value were worth $2,626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. UBS Group AG grew its holdings in shares of Vanguard Russell 1000 Value by 27.2% during the fourth quarter. UBS Group AG now owns 2,616,087 shares of the company’s stock valued at $189,771,000 after purchasing an additional 558,711 shares during the last quarter. TIAA Trust National Association boosted its position 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 purchasing an additional 268,303 shares during the period. Raymond James & Associates boosted its position in Vanguard Russell 1000 Value by 64.7% during the 1st quarter. Raymond James & Associates now owns 669,084 shares of the company’s stock valued at $52,617,000 after purchasing an additional 262,946 shares during the period. New York Life Investment Management LLC bought a new position in Vanguard Russell 1000 Value during the 4th quarter worth $16,040,000. Finally, Cetera Investment Advisers increased its position in Vanguard Russell 1000 Value by 185.1% in the first quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock worth $22,649,000 after buying an additional 186,989 shares during the period.

Vanguard Russell 1000 Value Stock Up 0.8 %

VONV stock traded up $0.66 during mid-day trading on Friday, reaching $82.60. The company had a trading volume of 322,606 shares, compared to its average volume of 360,496. The stock’s 50-day simple moving average is $78.75 and its two-hundred day simple moving average is $77.27. The stock has a market capitalization of $9.15 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a one year low of $62.92 and a one year high of $82.65.

Vanguard Russell 1000 Value Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were paid a $0.389 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.56 annualized dividend and a dividend yield of 1.88%. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

Vanguard Russell 1000 Value Company 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.