Glenmede Trust Co. NA Has $5.44 Million Position in Vanguard Russell 1000 Value ETF $VONV

Glenmede Trust Co. NA lifted its stake in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 11.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 58,064 shares of the company’s stock after acquiring an additional 6,094 shares during the period. Glenmede Trust Co. NA’s holdings in Vanguard Russell 1000 Value ETF were worth $5,443,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in VONV. Wellington Management Group LLP increased its stake in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock valued at $471,443,000 after acquiring 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 acquiring an additional 3,543,885 shares during the period. Valpey Financial Services LLC lifted its position in shares of Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after acquiring an additional 3,421,345 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Vanguard Russell 1000 Value ETF by 227.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock worth $247,752,000 after purchasing an additional 1,865,509 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $135,878,000.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

VONV opened at $112.53 on Wednesday. The stock has a market cap of $21.09 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1 year low of $85.07 and a 1 year high of $112.69. The stock’s 50 day simple moving average is $107.20 and its 200-day simple moving average is $101.17.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

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.