Diversified Portfolios Inc. Has $1.42 Million Holdings in Vanguard Russell 1000 Value (NASDAQ:VONV)

Diversified Portfolios Inc. lifted its holdings in shares of Vanguard Russell 1000 Value (NASDAQ:VONV) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,988 shares of the company’s stock after purchasing an additional 248 shares during the quarter. Diversified Portfolios Inc.’s holdings in Vanguard Russell 1000 Value were worth $1,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TIAA Trust National Association lifted its position in shares of Vanguard Russell 1000 Value by 3.9% during the 2nd quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock valued at $290,457,000 after acquiring an additional 142,895 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Russell 1000 Value by 1.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,750,963 shares of the company’s stock valued at $145,908,000 after purchasing an additional 21,177 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Vanguard Russell 1000 Value by 13.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock valued at $96,857,000 after purchasing an additional 149,680 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard Russell 1000 Value by 4.4% in the second quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock valued at $92,473,000 after buying an additional 50,753 shares in the last quarter. Finally, Truist Financial Corp grew its stake in shares of Vanguard Russell 1000 Value by 2.1% during the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock worth $79,930,000 after buying an additional 21,238 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

Shares of VONV traded down $0.22 during trading hours on Thursday, reaching $85.40. The stock had a trading volume of 164,358 shares, compared to its average volume of 361,066. The stock has a market capitalization of $9.70 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 12 month low of $67.27 and a 12 month high of $86.57. The company’s 50-day moving average is $83.21 and its two-hundred day moving average is $79.91.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.437 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39.

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.