Gateway Wealth Partners LLC Invests $1.18 Million in Vanguard Russell 1000 Value ETF $VONV

Gateway Wealth Partners LLC purchased a new position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,537 shares of the company’s stock, valued at approximately $1,175,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Atlanta Consulting Group Advisors LLC boosted its stake in Vanguard Russell 1000 Value ETF by 0.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock worth $1,231,000 after purchasing an additional 108 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Russell 1000 Value ETF by 1.5% during the first quarter. Bank of New York Mellon Corp now owns 7,449 shares of the company’s stock worth $698,000 after buying an additional 109 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of Vanguard Russell 1000 Value ETF by 20.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock valued at $64,000 after buying an additional 117 shares during the last quarter. Balefire LLC raised its position in shares of Vanguard Russell 1000 Value ETF by 3.0% in the first quarter. Balefire LLC now owns 4,137 shares of the company’s stock valued at $388,000 after buying an additional 120 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Vanguard Russell 1000 Value ETF by 9.2% in the first quarter. Assetmark Inc. now owns 1,433 shares of the company’s stock worth $134,000 after buying an additional 121 shares in the last quarter.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

VONV opened at $110.50 on Wednesday. The firm has a market capitalization of $20.71 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a twelve month low of $84.13 and a twelve month high of $110.82. The firm’s 50-day moving average price is $106.47 and its 200 day moving average price is $100.63.

Vanguard Russell 1000 Value ETF Cuts Dividend

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

Vanguard Russell 1000 Value ETF 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.