Shade Tree Advisors LLC Purchases Shares of 8,247 Vanguard Russell 1000 Value ETF $VONV

Shade Tree Advisors LLC acquired a new position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,247 shares of the company’s stock, valued at approximately $761,000. Vanguard Russell 1000 Value ETF comprises approximately 0.6% of Shade Tree Advisors LLC’s portfolio, making the stock its 14th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP increased its position in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after purchasing an additional 4,894,074 shares during the period. Bank of America Corp DE lifted its position in shares of Vanguard Russell 1000 Value ETF by 14.7% in the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after purchasing an additional 3,543,885 shares during the period. Phoenix Financial Ltd. acquired a new position in shares of Vanguard Russell 1000 Value ETF in the 3rd quarter worth approximately $259,530,000. Raymond James Financial Inc. boosted its stake in shares of Vanguard Russell 1000 Value ETF by 26.2% in the 2nd quarter. Raymond James Financial Inc. now owns 1,400,005 shares of the company’s stock valued at $119,294,000 after purchasing an additional 290,743 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in shares of Vanguard Russell 1000 Value ETF by 22.6% in the 3rd quarter. Truist Financial Corp now owns 1,475,445 shares of the company’s stock valued at $131,861,000 after purchasing an additional 271,652 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Up 0.3%

VONV opened at $102.96 on Tuesday. Vanguard Russell 1000 Value ETF has a twelve month low of $81.12 and a twelve month high of $103.16. The company has a fifty day moving average of $97.13 and a 200-day moving average of $94.85. The stock has a market cap of $18.37 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.4117 per share. This represents a $1.65 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, March 24th.

Vanguard Russell 1000 Value ETF 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.