Elevation Point Wealth Partners LLC Invests $3.77 Million in Vanguard Russell 1000 Value ETF $VONV

Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the first quarter, Holdings Channel reports. The fund acquired 40,181 shares of the company’s stock, valued at approximately $3,767,000.

Several other hedge funds also recently added to or reduced their stakes in VONV. Allspring Global Investments Holdings LLC grew its position in shares of Vanguard Russell 1000 Value ETF by 29.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 75,009 shares of the company’s stock worth $6,985,000 after acquiring an additional 17,173 shares in the last quarter. Fulton Bank N.A. raised its position in shares of Vanguard Russell 1000 Value ETF by 20.6% during the 4th quarter. Fulton Bank N.A. now owns 35,318 shares of the company’s stock valued at $3,260,000 after acquiring an additional 6,040 shares in the last quarter. WestHill Financial Advisors Inc. lifted its stake in Vanguard Russell 1000 Value ETF by 0.7% during the fourth quarter. WestHill Financial Advisors Inc. now owns 751,666 shares of the company’s stock worth $69,379,000 after purchasing an additional 5,403 shares during the last quarter. Aspiriant LLC lifted its stake in Vanguard Russell 1000 Value ETF by 79.9% during the fourth quarter. Aspiriant LLC now owns 72,300 shares of the company’s stock worth $6,673,000 after purchasing an additional 32,109 shares during the last quarter. Finally, Aaron Wealth Advisors LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 8.2% in the fourth quarter. Aaron Wealth Advisors LLC now owns 876,547 shares of the company’s stock worth $80,905,000 after purchasing an additional 66,229 shares during the period.

Vanguard Russell 1000 Value ETF Price Performance

VONV stock opened at $108.23 on Friday. The firm has a market cap of $20.50 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $108.27. The firm has a fifty day moving average price of $104.08 and a two-hundred day moving average price of $98.73.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.4102 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, June 18th.

About Vanguard Russell 1000 Value ETF

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.