Commonwealth Equity Services LLC Acquires 2,237 Shares of Vanguard Russell 1000 Value (NASDAQ:VONV)

Commonwealth Equity Services LLC boosted its holdings in Vanguard Russell 1000 Value (NASDAQ:VONV) by 0.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,267,189 shares of the company’s stock after acquiring an additional 2,237 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard Russell 1000 Value were worth $105,595,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VONV. Future Financial Wealth Managment LLC purchased a new position in shares of Vanguard Russell 1000 Value during the third quarter valued at approximately $25,000. Stuart Chaussee & Associates Inc. purchased a new stake in shares of Vanguard Russell 1000 Value in the first quarter valued at about $37,000. Beacon Capital Management LLC bought a new position in shares of Vanguard Russell 1000 Value during the first quarter valued at about $43,000. Financial Management Professionals Inc. purchased a new position in Vanguard Russell 1000 Value during the first quarter worth about $67,000. Finally, International Assets Investment Management LLC bought a new stake in Vanguard Russell 1000 Value in the 2nd quarter worth about $74,000.

Vanguard Russell 1000 Value Stock Performance

NASDAQ:VONV traded up $0.23 on Friday, hitting $85.00. The stock had a trading volume of 1,660,456 shares, compared to its average volume of 354,758. Vanguard Russell 1000 Value has a 1 year low of $62.92 and a 1 year high of $85.04. The firm’s fifty day simple moving average is $82.03 and its two-hundred day simple moving average is $78.90. The stock has a market cap of $9.65 billion, a P/E ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.437 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.75 annualized dividend and a yield of 2.06%. This is a boost 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.