Moran Wealth Management LLC Purchases Shares of 72,732 Vanguard Russell 1000 Value ETF $VONV

Moran Wealth Management LLC purchased a new position in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,732 shares of the company’s stock, valued at approximately $6,818,000.

Other large investors also recently added to or reduced their stakes in the company. YANKCOM Partnership bought a new stake in shares of Vanguard Russell 1000 Value ETF during the 4th quarter valued at about $25,000. Quadrant Capital Group LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the 4th quarter worth $33,000. Victory Capital Management Inc. raised its position in shares of Vanguard Russell 1000 Value ETF by 139.6% during the 3rd quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock valued at $40,000 after buying an additional 261 shares in the last quarter. Newbridge Financial Services Group Inc. grew its position in Vanguard Russell 1000 Value ETF by 355.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after acquiring an additional 355 shares in the last quarter. Finally, Optima Capital LLC purchased a new position in Vanguard Russell 1000 Value ETF in the fourth quarter worth $45,000.

Vanguard Russell 1000 Value ETF Price Performance

NASDAQ VONV opened at $108.23 on Friday. The stock’s 50-day simple moving average is $104.08 and its two-hundred day simple moving average is $98.73. Vanguard Russell 1000 Value ETF has a twelve month low of $84.13 and a twelve month high of $108.27. The company has a market capitalization of $20.50 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company 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. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 annualized dividend and a yield of 1.5%.

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.