Phoenix Financial Ltd. Buys 212,000 Shares of Vanguard Russell 1000 Value ETF $VONV

Phoenix Financial Ltd. grew its stake in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 7.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,251,300 shares of the company’s stock after buying an additional 212,000 shares during the quarter. Vanguard Russell 1000 Value ETF makes up 2.4% of Phoenix Financial Ltd.’s holdings, making the stock its 9th biggest holding. Phoenix Financial Ltd.’s holdings in Vanguard Russell 1000 Value ETF were worth $353,416,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Vanguard Russell 1000 Value ETF during the 3rd quarter worth $41,000. Root Financial Partners LLC acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at $50,000. Latitude Advisors LLC acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at $55,000. Steph & Co. acquired a new position in Vanguard Russell 1000 Value ETF in the third quarter valued at $64,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in Vanguard Russell 1000 Value ETF during the first quarter valued at about $66,000.

Vanguard Russell 1000 Value ETF Price Performance

VONV stock traded up $0.26 during trading on Friday, reaching $115.46. 409,452 shares of the stock traded hands, compared to its average volume of 1,102,138. The firm has a market capitalization of $23.44 billion, a PE ratio of 21.05 and a beta of 0.83. The business’s 50 day moving average price is $112.11 and its 200-day moving average price is $105.41. Vanguard Russell 1000 Value ETF has a 52-week low of $87.70 and a 52-week high of $117.13.

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.